New Study Predicts Demise Of Coal-Fired Electricity Production

Jan. 13, 2005
Compiled By Glenn Hasek Coal's reign as king of electricity production in the United States may soon be over. A new study released by New York-based RDI predicts only 4% of the new power generation capacity needed by 2015 will be fired by coal. About ...
Compiled ByGlenn Hasek Coal's reign as king of electricity production in the United States may soon be over. A new study released by New York-based RDI predicts only 4% of the new power generation capacity needed by 2015 will be fired by coal. About 52% of current electric output is generated by burning coal. The study, "New Coal-Fired Generation: The Race is On," says natural gas will be the fuel of choice for 94% of the new electric generating capacity and renewable energy (hydro, solar and wind) will account for 2%. The study says overbuilding of gas-fired plants in the next few years combined with the high capital cost of coal technology will be a disincentive to coal plant developers. Siting risks also will negatively impact coal plant development. RDI -- a research unit of Platts, an energy information services provider -- says the equivalent of 592 500-megawatt plants will be built in the U.S. by 2015. Platts is a division of The McGraw-Hill Cos.

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