This is Part One of a 3-Part Blog Series.
Today, the Union of Concerned Scientists released an update of our 2012 ground-breaking analysis, Ripe for Retirement, examining the economic viability of U.S. coal generators compared with modern, cleaner alternatives. Our new findings, published in Electricity Journal, show that nearly 59 gigawatts (GW) of coal power capacity are not cost competitive when compared with natural gas, and more than 71 GW are uneconomic when compared with wind power. These coal generators are prime candidates for retirement and their closure would provide substantial benefits for consumers and the environment. It would also accelerate the transition to a cleaner, more reliable and affordable energy system. Read More