Wednesday, September 12, 2012

More Coal Plants Idling

The Wall Street Journal had a good article today about the number of coal plants being idled because of low natural gas prices.  This is hardly a new story, but one of the interesting points the article makes is that in many cases where utilities have been bemoaning the EPA's recent pollution regulations targeting coal plants it is fact it is market forces, not the heavy hand of government, that is killing these plants.  A 40 to 50 year old coal plant just can't compete against newer, more efficient gas turbines that are using cheaper fuel.

No comments: