UCS Report Claims 21% of Existing U.S. Coal Units are Uneconomic

SUGAR LAND--December 5, 2017--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Roughly 21% of the nation's existing coal-fired generation, about 57,000 megawatts (MW), is uneconomic compared with currently operating gas-fired generation, according to a recent study from the Union of Concerned Scientists (UCS) (Cambridge, Massachusetts). The group's recent report, "A Dwindling Role for Coal," observed "the closure of many more coal-fired power plants seems inevitable," as economics and environmental issues are expected to continue to exert a one-two punch on coal-fired generation.

Within this article: Results of a study by the Union of Concerned Scientists. Additional companies: Lazard Limited. (NYSE:LAZ)