EIA reports 27 gigawatts of coal energy due to retire within five years
Greentech Media // Aug 01, 2012Greentech Media reports on data from the EIA indicating that power-plant owners anticipate retiring 27 gigawatts of energy from coal-fired power plants. Looking forward, the retirement of 8.5% of America's coal-generated energy presents an opportunity for advanced energy. Greentech Media reports:
The coal-fired capacity expected to be retired over the next five years is more than four times greater than retirements performed during the preceding five-year period (6.5 gigawatts). Moreover, based on EIA data, the approximate 9 gigawatts of coal-fired capacity retirements expected to occur in 2012 will likely be the largest one-year amount in the nation's history. The record is, however, expected to be short-lived, as almost 10 gigawatts of coal-fired capacity are expected to retire in 2015.