Report: Seven Of 19 Texas Coal Plants At Risk For Closure

September 14, 2016

A new report predicts that seven of Texas’ 19 coal plants are losing money – possibly $160 million annually – and will likely be shuttered if wholesale power prices do not rebound. In addition to being pressured by cheap natural gas, emissions regulations are forcing plants to install costly upgrades. The Environmental Protection Agency’s regional haze rule will require changes to 13 coal units and could push up to 5 GW of retirements in the next five years, ERCOT has said. The report noted that four of the plants it examined will need to make improvements. 

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