March 26, 2018 Read More →

Vistra, Duke, and FirstEnergy Lead in U.S. Coal-Plant Retirement Trend Likely to Gain Pace in 2018

S&P Global Market Intelligence:

U.S. power producers plan to take at least 11.4 GW of coal-fired power plant capacity offline in 2018, more than has been retired in a single year since 14.7 GW of coal capacity was retired in 2015.

About 19.8 GW of coal-fired power plant capacity is scheduled to go offline between 2018 and 2022, according to a new S&P Global Market Intelligence anaylsis; in the previous four years, retirements totaled 33.7 GW. The future retirement figures do not include coal plant retirements that have been announced, but for which a firm retirement date has not yet been set.

Retirements in 2018 have included large power plants representing 5,639 MW of coal-fired operating capacity. Even though the total comes from relatively few coal units, it is already nearly as high as all the coal-fired power plant retirements in 2017, which totaled 6,424 MW of capacity. According to the analysis, 2018 announced retirements will be the highest since 2015, when 14.7 GW of coal-fired capacity came offline.

More ($): Coal capacity scheduled to retire in 2018 than each of past 2 years

 

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