Quote:
Originally Posted by Azure
Oh and some more background.
And during the first six months of 2012, 165 power generators came on line with a total capacity of 8,098 megawatts (MW), but only one was a coal-fired plant. At 800 MW, it’s less than 10% of total capacity added. The remaining 90% were gas-fired generators and renewables, including solar and landfill gas, which tend to be small—hence the large number of generators.
Coal plants are shut down at a stunning pace. In 2012, a total of 9 gigawatts (GW) of coal-fired capacity will be retired, the largest one-year exodus in the history of the US! In 2015, a new record: 10 GW. Between 2012 and 2016, 175 coal-fired generators with a total capacity of 27 GW will get axed—8.5% of the total coal-fired capacity.
http://www.businessinsider.com/natur...e-cliff-2012-8
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Hope that trend doesn't continue.. How much will electricity prices increase if the supply decreases by 1 GW per year? Also, how many more plants or generating stations will need to be put online to replace 27 GW if it takes 165 to create 8 GW?