Regs, Gas Prices To Shutter 60 GW Of Coal Power: Study

Law360, New York (August 22, 2013, 3:49 PM EDT) -- A U.S. Department of Energy-funded study made available this week claims that up to 60 gigawatts of coal-fired power could be shut down within the next five years because it won’t be able to cope with low gas prices and comply with stricter greenhouse gas emissions regulations.

The report released by consulting firm ICF International concludes that between 35 and 60 gigawatts of coal capacity is expected to be shut down within the next three to five years because installing control equipment to comply with existing...
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