Redevelopment of Former Coal Plant Sites
Monday, April 20, 2020
Coal-fired power plants across the United States shut down in 2019 at the second-fastest pace on record. According to the U.S. Energy Information Administration (EIA), plants with a combined total of more than 15,100 megawatts ceased operating nationwide last year — enough to power 15 million homes, and second only to the number of megawatts retired during 2015. The reasons behind these closures are many: decreasing wholesale prices, competition from comparatively cheap and plentiful alternate energy sources such as natural gas, subsidized solar and wind energy, continued compliance with federal energy regulations, and public concern over coal’s effect on climate change.