Monday, November 26, 2012

An "Independent" Study Shows 59 GW of Coal-Fired Electric Capacity Could Retire

A recent article from Penn-Energy states that an "independent" study from the Union of Concerned Scientists show that 59 gigawatts of coal-fired electricity capacity could be retired.
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 As much as 18 percent of the country’s coal-fired generating capacity should be considered for closure, according to a new independent analysis released by the Union of Concerned Scientists (UCS).

The report, "Ripe for Retirement: The Case for Closing America’s Costliest Coal Plants," found that as many as 353 coal generators, located in 31 states, may no longer be economically viable even after they are upgraded with modern pollution controls.

According to the report, the cost associated with continuing to run these plants would exceed power generated from natural gas-fired power plants and, in certain cases, wind. In total, the plants that were found to be “ripe-for-retirement” represent some 59 gigawatts (GW) of U.S. power generation.
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I would have to read their report to see if mentions anything about the reliability of the shale-gas supply coming online. In any event, I view this as alarmist media and although I think that some coal-fired capacity will come offline in the U.S. that many times more coal-fired capacity will be added oversees in the coming years. For instance, an analysis- which can be found here-  from the World Resource Institute estimates more than 1,400 GW of coal-fired electricity capacity coming online world-wide.

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