retirements
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Coal
Canada Bitcoin Miner Acquiring Two Pennsylvania Coal Plants
A Canada-based crypto mining company is acquiring two Pennsylvania coal-fired power plants as part of its purchase of a digital mining group.
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Coal
Report Says China, India Account for Nearly All New Coal-Fired Generation
Research from a group that tracks fossil fuel and other energy projects shows that just 15 countries, led by China and India, account for 98% of coal-fired power plants under development worldwide. Global Energy Monitor (GEM), a San Francisco, California-based non-governmental organization, in its latest Global Coal Plant Tracker (GCPT) said China and India alone […]
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Trends
PJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation
Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that could have significant implications for the regional transmission organization (RTO). The 2025/2026 BRA—a competitive capacity auction that procures power supply resources in advance of the delivery year to […]
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Legal & Regulatory
States, Trade Groups Sue EPA Over New Fossil Fuel Rules
More than two dozen states and a handful of trade groups filed separate lawsuits in the U.S. Court of Appeals for the D.C. Circuit, challenging parts of the Environmental Protection Agency’s (EPA’s) suite of new final environmental regulations targeting fossil-fired power plants. The challenges respond to the publication in the Federal Register on May 9 […]
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Coal
PJM Urges Delayed Retirement of 840-MW Fossil Fuel Power Plant, Citing Reliability Impacts
PJM has urged Talen Energy to delay its deactivation of two of four units at the 840-MW coal, oil, and gas–fired Herbert A. Wagner Generating Station in Maryland until transmission upgrades are put into service around 2028. The nation’s largest regional transmission organization (RTO) on Jan. 10 said it informed Talen that the deactivation of […]
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Coal
U.S. Coal Plant Closures Continue, While China Rapidly Builds More
A wave of retirements for U.S. coal-fired power plants continues, with the Energy Information Administration (EIA) reporting almost a quarter of the nation’s remaining facilities could be shuttered by the end of 2029. The EIA in its preliminary monthly electric generator inventory report released Nov. 7 said that 23% of the nearly 201 GW of […]
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Renewables
Infrastructure, Renewables, ESG Initiatives Lead Trends for 2022
The Biden administration has made clear its intention to promote the transition to clean energy, setting ambitious goals like carbon neutrality for the power sector by 2035 and for the entire country by 2050. A critical step toward these goals was congressional passage of the $1 trillion Infrastructure Investment and Jobs Act (IIJA), which President […]
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Coal
Georgia Power Plans to Retire All Coal Units by 2035
Georgia Power plans to shutter most of its coal fleet by 2028 and completely exit coal-fired power by 2035, according to the utility’s latest integrated resource plan (IRP) filed with state regulators on Jan. 31. The Southern Co. subsidiary on Monday said it would make more investments in natural gas-fired generation, along with renewable energy, […]
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Coal
Coal Will Remain Prominent for Decades Despite Growing Renewable Power Capacity
There are a lot of changes taking place in the world’s energy supplies. We seem to read announcements almost every day about coal plant retirements, and solar and wind farm installations. Yet, when you look
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Coal
Southern Will Close More than Half of Coal Fleet
Southern Company, the third-largest power utility in the U.S., said it will close more than half its coal-fired power generation fleet over the next few years as the group moves toward a goal of net-zero carbon emissions by 2050. Southern on Nov. 5 said the closures include units at the two largest U.S. coal plants, […]