WASHINGTON, DC — “Although various federal clean air regulations remain in legal limbo, U.S. power companies are continuing to commit to closures of older coal-fired generating units, with several prominent generators finalizing new retirements in recent months.
An updated SNL Energy analysis finds that U.S. power companies have formalized plans to retire 30,321 MW of coal-fired generating capacity between 2012 and 2021. SNL Energy’s last examination of announced coal-fired unit retirements, published March 28, showed that generators had firm plans to retire approximately 25,000 MW of coal capacity during the period.
Data for SNL Energy’s analysis is based on planned coal unit retirements with a firm retirement year that was either publicly disclosed by the company or confirmed by SNL Energy.”
— Jesse Gilbert and Michael Niven, SNL Financial
