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U.S. Coal Plant Closures Continue, While China Rapidly Builds More

November 8, 2022

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 operating coal-fired capacity is prepared to go offline. The agency said market competition from natural gas-fired electricity production, and from renewable resources such as solar and wind, continues to make coal-fired generation uneconomic.

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