Coal / Energy

US on pace for record coal retirements in 2018, IEEFA finds

CLEVELAND — “U.S. power providers will close more coal-fired generation capacity in 2018 than any year before, according to research released last week by the Institute for Energy Economics and Financial Analysis (IEEFA), a clean energy think tank.

The IEEFA report highlights the accelerating trend of coal plant retirements, but also illustrates just how much of the carbon-heavy resource is still left on U.S. power grids.

The U.S. will retire more than 36 GW of coal capacity by 2024, but will still have more than 200 GW of coal on the system at that point, according to the think tank.”

— Gavin Bade, Utility Dive

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