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US Coal Plant Closures Likely To Eliminate 30 Million Tons Of Annual Coal Demand
April 24th, 2017 by Joshua S Hill
US Coal Plant Closures Likely To Eliminate 30 Million Tons Of Annual Coal Demand
Coal is fucked.
April 24th, 2017 by Joshua S Hill
The United States is closing 46 coal-fired generating units at 25 electricity plants across 16 states over the next few years, transitioning to natural gas or intentionally closing them, and a new report shows that this will likely result in eliminating about 30 million tons of annual coal demand by the end of 2018.
The Institute for Energy Economics and Financial Analysis (IEEFA) published its new research brief last week, working step-by-step through the implications inherent in the expected coal-fired generating closures over 2017 and 2018 (the full list can be seen at the bottom). The brief concludes that the expected closures will eliminate about 28.2 million tons of annual coal demand by the end of 2018, worth nearly $1.1 billion (2016 prices).
US Coal Plant Closures Likely To Eliminate 30 Million Tons Of Annual Coal Demand
Coal is fucked.