This article is spot on with crux of problem here: U.S. utilities cannot strand the assets of more than 1,000 peaker units and 236 GW of coal capacity without a different regulatory and financial structure. Financing uneconomic plants is huge problem in Southeast that needs solving. Taken from the article: "
We’ve reached a massive milestone in the global energy transition — the ability, right now, of renewable energy sources and energy storage to match or beat the price of power from natural gas-fired peaker plants and coal-fired generators. The problem is that energy markets are not exactly free markets — and replacement of existing generation is not entirely tied to price. There are artificial regulatory constructs and financial structures built into energy markets which can favor certain parties (utilities) and fuels (legacy coal, gas and nuclear)."Â