- Jul 26, 2019 1:15 pm GMT
- 420 views
Between 2010 and the first quarter of 2019, U.S. power companies announced the retirement of more than 546 coal-fired power units, totaling about 102 gigawatts (GW) of generating capacity. Plant owners intend to retire another 17 GW of coal-fired capacity by 2025, according to the U.S. Energy Information Administration’s (EIA) Preliminary Monthly Electric Generator Inventory. After a coal unit retires, the power plant site goes through a complex, multi-year process that includes decommissioning, remediation, and redevelopment.
The data don't lie, and coal closures continue to be the biggest story in the coal sector. If I'm looking to make money in coal, perhaps I get in the decommissioning game