American Electric Prices Will Skyrocket

Electric Prices Will Skyrocket Coal Plants Being Shut Down

July 28, 2012

Record number of coal-fired generators to be shut down in 2012

Michael Bastasch
Daily Caller
Facing declining demand for electricity and stiff federal environmental regulations, coal plant operators are planning to retire 175 coal-fired generators, or 8.5 percent of the total coal-fired capacity in the United States, according to an analysis by the Energy Information Administration (EIA).

A record-high 57 generators will shut down in 2012, representing 9 gigawatts of electrical capacity, according to EIA. In 2015, nearly 10 gigawatts of capacity from 61 coal-fired generators will be retired.

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