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U.S. coal retirements accelerate, increasing 2030 capacity closures

July 16, 2021

Renew Economy:

There is an inverse S-curve developing in the U.S. coal generation sector, with announced plant retirements expanding rapidly as utilities and independent power producers adjust to the influx of cleaner and cheaper wind, solar and battery storage resources disrupting the electric system.

IEEFA data shows that just since March, the generating capacity of coal plants slated to retire or convert to gas from 2021-2030 has risen by 10 gigawatts (GW), to a total of 80.9GW—a 116% increase from a year ago in March 2020, when utilities had only 37.4GW of coal capacity scheduled to close through 2030.

[ Dennis Wamsted and Seth Feaster ]

More: US planned coal fired retirements now total nearly 120GW of capacity

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