Tuesday, July 31, 2012

"EIA: 27 Gigawatts of Coal-Fired Capacity to Retire Over Next Five Years"

Just about every day there's more good news for natural gas:

"The coal-fired capacity expected to be retired over the next five years is more than four times greater than retirements performed during the preceding five-year period (6.5 gigawatts). Moreover, based on EIA data, the approximate 9 gigawatts of coal-fired capacity retirements expected to occur in 2012 will likely be the largest one-year amount in the nation's history. The record is, however, expected to be short-lived, as almost 10 gigawatts of coal-fired capacity are expected to retire in 2015."

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