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Future Of Coal, Nuclear And Gas
Views: 541
May 11 2013 06:45 PM | eds in Economy & Politics
In the US,
. . . 150 new coal-fired power plants cancelled since the mid-2000s – and
. . . 200 old coal-fired power plants maybe retired in the coming years.
Coal suppliers, point to 3 of the world’s most important demand centers
. . . China,
. . . Europe and the
. . . US – as containing the seeds of a softening in demand growth.
Some of the 1,169 coal-fired power plants in the United States are being retired,
. . . in some cases long before the end of their useful lives.
A report from the Union of Concerned Scientists entitled
. . . “Ripe for Retirement” identifies 353 of them.
Utilities are choosing natural gas over nuclear.
. . . It’s simply about economics.
Older, smaller nuclear plants will be the first to go.
. . . Built in 1974, the 566-MW Kewaunee plant falls into that category.
. . . Even though its operating license doesn’t expire until 2033,
. . . Dominion’s been trying to sell this plant since April 2011.
. . . There haven’t been any takers.
. . . Consequently, the company will close the plant by the end of June 2013.
. . . It’ll cost Dominion about $281 million in decommissioning costs.
Once up and running, large nuclear power plants
. . . still produce electricity cheaper than natural gas.
However, higher operating costs and spent-fuel storage costs
. . . are expenses natural gas plant owners don’t have.
This may prompt utilities that own small nuclear plants to consider closing them.
Source: coal-at-a-crossroads Nuclear-Plants
. . . 150 new coal-fired power plants cancelled since the mid-2000s – and
. . . 200 old coal-fired power plants maybe retired in the coming years.
Coal suppliers, point to 3 of the world’s most important demand centers
. . . China,
. . . Europe and the
. . . US – as containing the seeds of a softening in demand growth.
Some of the 1,169 coal-fired power plants in the United States are being retired,
. . . in some cases long before the end of their useful lives.
A report from the Union of Concerned Scientists entitled
. . . “Ripe for Retirement” identifies 353 of them.
Utilities are choosing natural gas over nuclear.
. . . It’s simply about economics.
Older, smaller nuclear plants will be the first to go.
. . . Built in 1974, the 566-MW Kewaunee plant falls into that category.
. . . Even though its operating license doesn’t expire until 2033,
. . . Dominion’s been trying to sell this plant since April 2011.
. . . There haven’t been any takers.
. . . Consequently, the company will close the plant by the end of June 2013.
. . . It’ll cost Dominion about $281 million in decommissioning costs.
Once up and running, large nuclear power plants
. . . still produce electricity cheaper than natural gas.
However, higher operating costs and spent-fuel storage costs
. . . are expenses natural gas plant owners don’t have.
This may prompt utilities that own small nuclear plants to consider closing them.
Source: coal-at-a-crossroads Nuclear-Plants
