Sunday, September 23, 2012

Closing: 175 coal-fired generators by 2016

The federal Energy Information Administration projects that power companies plan to retire 175 coal-fired generators by 2016. That’s four times greater than all the retirements of coal-burning plants over the previous five years, according to the agency. And the 9 gigawatts of coal-fired capacity to go offline this year alone will probably be the largest single-year retirement total in U.S. history, according to a report the agency released in July.

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