JOHANNESBURG--February 21, 2013--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--While Black & Veatch (B&V) (Overland Park Kansas) has marginally raised its estimate of projected U.S. coal-fired power plant retirements in its recent Energy Market Perspective, this does not indicate that the death knell for coal is inexorably approaching, either in the medium or longer term. There are plenty of current power source statistics that indicate that the end of coal-fired power is not nigh, and that the amount of coal-fired capacity is, in fact, rising globally.
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