U.S. Coal Industry Continues to Suffer in Current Regulatory Atmosphere

U.S. Coal Industry Continues to Suffer in Current Regulatory Atmosphere

U.S. Coal Industry Continues to Suffer in Current Regulatory Atmosphere

SUGAR LAND--June 14, 2016--Written by Brock Ramey, Power Specialist for Industrial Info Resources (Sugar Land, Texas)--Since 2010, there have been approximately 40 gigawatts (GW) of coal-fired generation closed, shuttered or mothballed in the U.S., with another 14 GW due to be retired, mothballed or shuttered in the next 18 months, according to information from Industrial Info's Power Generation Plant and Project Database. Market forces, including low natural gas prices, can be blamed for most of the losses but current Environmental Protection Agency (EPA) regulatory policy has not helped to support those who are losing jobs in the Coal Industry. Within this article: Impact of government regulations on the coal and power industries. Additional companies: NRG Energy Incorporated (NYSE: NRG)

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