Power, Vol.156, No.10, 58-58, 2012
Are Economics Trumping Regulation?
The fate of coal-fired generation remains fluid as owners weigh environmental rules, the effect of low natural gas prices, and the shifting cost of investing in emissions control technology. An analysis of generating unit data suggests that smaller, older, less-efficient, and less-frequently dispatched assets are most vulnerable to retirements. Recently accelerated retirement dates for some units indicate that economic factors are a more important determining factor than pending environmental mandates.