Sunday, October 15, 2017

Coal power plant closures ramp up in spite of White House plans

Luminant isn’t shy about the reasons for the decisions, which will unfortunately lead to roughly 950 people losing their jobs. It blames an “oversupplied” renewable energy market, but it also points to low prices for both natural gas and wholesale electricity. These coal plants haven’t been money-makers for a while, and there was nothing to suggest the market was about to turn around. These

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