Report finds 211GW of U.S. coal generation under serious economic threat

first_imgReport finds 211GW of U.S. coal generation under serious economic threat FacebookTwitterLinkedInEmailPrint分享CNN Business:The simple laws of economics threaten to doom America’s remaining coal power plants.Wind and solar costs have plunged so rapidly that 74% of the U.S. coal fleet could be phased out for renewable energy — and still save customers money, according to a report released on Monday by Energy Innovation, a nonpartisan think tank. That figure of at-risk coal plants in the United States rises to 86% by 2025 as solar and wind costs continue to plunge.The research demonstrates how it’s increasingly more expensive to operate existing coal plants than build clean energy alternatives.“U.S. coal plants are in more danger than ever before,” Mike O’Boyle, director of electricity policy at Energy Innovation, told CNN Business. “Nearly three-quarters of U.S. coal plants are already ‘zombie coal,’ or the walking dead.”The Energy Innovation report found that in 2018, 211 gigawatts of existing U.S. coal capacity — or 74% of America’s fleet — was at risk from local wind or solar that could more cheaply churn out just as much electricity.North Carolina, Florida, Georgia and Texas are the U.S. states that have the greatest amount of coal plants at risk from local solar and wind, the analysis found. Energy Innovation defined local as within 35 miles. By 2025, Midwestern states including Indiana, Michigan, Ohio and Wisconsin are expected to have high amounts of coal capacity under pressure from renewable energy.More: Most of America’s coal plants are more expensive than wind and solarlast_img

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