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Plant(s): View 4 related plants in PECWeb
Released December 20, 2021 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Well over a fourth of the operating U.S. coal-fired generation capacity, representing 59 gigawatts (GW), is planned to retire by 2035, according to the U.S. Energy Information Administration (EIA). Coal-fired power plants are a major source of carbon dioxide (CO2) emissions at a time when many states with clean energy standards are seeking to reduce or completely phase out coal fired-generation, and cheaper, more environmentally-friendly alternative sources, such as renewable and natural gas-fired generation, are on the rise.
Industrial Info is now tracking 48 U.S. coal-fired power plant dismantlement and demolition projects, worth $3.29 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for a full list of detailed project reports.
Expected retirement dates were reported to the EIA by power plant owners and operators.
The average operating coal-fired generating unit in the United States is 45 years old, according to the agency. As of September, 212 gigawatts (GW) of utility-scale coal-fired power generation capacity was operating in the U.S., most of which was built in the 1970s and 1980s, according to the EIA's Preliminary Monthly Electric Generator Inventory. Since 2011, Industrial Info has identified more than 108 GW of U.S. coal-fired capacity that has retired, and some units that were built in the 1980s and 1990s also are scheduled to retire.
Coal accounted for about 20% of U.S. utility-scale generation in 2020, but that figure has declined every year since 2014, when it accounted for 39%, according to EIA data.
Among the coal-fired power plant dismantlement and demolition projects being tracked by Industrial Info is Duke Energy Corporation's (NYSE:DUK) (Charlotte, North Carolina) estimated $560 million 964-MW Crystal River South Plant demolition and dismantlement project in Florida, which is scheduled for completion at the end of the year. The two-unit plant was built in the 1960s and retired in 2018, when its 1,640-megawatt (MW), natural gas-fired Citrus Combined-Cycle Station came online. The 200-foot-tall, 125-foot-wide power houses at Crystal River were imploded in June, along with two 500-foot-tall stacks in November. Subscribers can click here for the detailed project report.
The coal-fired dismantlement project featuring the largest capacity belongs to Energy Harbor LLC (Akron, Ohio) at its 2,741-MW Bruce Mansfield Power Plant in Pennsylvania. The facility's three units were brought online in late 1970 and 1980. The project entails demolishing a power house and three generators and boilers at the facility, which shuttered in November 2019--almost two years before its originally scheduled retirement date, after two units were taken offline in 2018 following a fire. The project is expected to kick off in mid-June 2024. Subscribers can click here for more information.
Another high-capacity plant dismantlement project belongs to Salt River Project (SRP), Arizona's second-largest electricity provider, at its 1970s-era 2,250-MW Navajo Generating Station in Page. All three units were shut down in November 2019, "based on the changing economics of the energy industry ... along with the growth of economical renewable resources," SRP Chief Executive Officer and General Manager Mike Hummel said in a press release. The project kicked off in March 2020, and the completion is expected in May 2022. Tetra Tech Incorporated (NASDAQ:TTEK) (Pasadena, California) is performing construction management services. Subscribers can click here for more information.
In the Great Lakes region, Vistra Corporation (NYSE:VST) (Irving, Texas) expects to close its 1,394-MW William H Zimmer Generating Station in Moscow, Ohio earlier than expected, by mid-2022. This comes after the plant, which began operating in 1991, failed to secure any capacity revenues in the latest auction held in May by PJM Interconnection (Norristown, Pennsylvania), the largest power grid operator in the U.S. However, Vistra will "evaluate the Zimmer site for potential investments in renewables or grid-scale battery storage, utilizing existing infrastructure," the company said in a press release. Subscribers to Industrial Info's project database can click here for the project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
Industrial Info is now tracking 48 U.S. coal-fired power plant dismantlement and demolition projects, worth $3.29 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for a full list of detailed project reports.
Expected retirement dates were reported to the EIA by power plant owners and operators.
The average operating coal-fired generating unit in the United States is 45 years old, according to the agency. As of September, 212 gigawatts (GW) of utility-scale coal-fired power generation capacity was operating in the U.S., most of which was built in the 1970s and 1980s, according to the EIA's Preliminary Monthly Electric Generator Inventory. Since 2011, Industrial Info has identified more than 108 GW of U.S. coal-fired capacity that has retired, and some units that were built in the 1980s and 1990s also are scheduled to retire.
Coal accounted for about 20% of U.S. utility-scale generation in 2020, but that figure has declined every year since 2014, when it accounted for 39%, according to EIA data.
Among the coal-fired power plant dismantlement and demolition projects being tracked by Industrial Info is Duke Energy Corporation's (NYSE:DUK) (Charlotte, North Carolina) estimated $560 million 964-MW Crystal River South Plant demolition and dismantlement project in Florida, which is scheduled for completion at the end of the year. The two-unit plant was built in the 1960s and retired in 2018, when its 1,640-megawatt (MW), natural gas-fired Citrus Combined-Cycle Station came online. The 200-foot-tall, 125-foot-wide power houses at Crystal River were imploded in June, along with two 500-foot-tall stacks in November. Subscribers can click here for the detailed project report.
The coal-fired dismantlement project featuring the largest capacity belongs to Energy Harbor LLC (Akron, Ohio) at its 2,741-MW Bruce Mansfield Power Plant in Pennsylvania. The facility's three units were brought online in late 1970 and 1980. The project entails demolishing a power house and three generators and boilers at the facility, which shuttered in November 2019--almost two years before its originally scheduled retirement date, after two units were taken offline in 2018 following a fire. The project is expected to kick off in mid-June 2024. Subscribers can click here for more information.
Another high-capacity plant dismantlement project belongs to Salt River Project (SRP), Arizona's second-largest electricity provider, at its 1970s-era 2,250-MW Navajo Generating Station in Page. All three units were shut down in November 2019, "based on the changing economics of the energy industry ... along with the growth of economical renewable resources," SRP Chief Executive Officer and General Manager Mike Hummel said in a press release. The project kicked off in March 2020, and the completion is expected in May 2022. Tetra Tech Incorporated (NASDAQ:TTEK) (Pasadena, California) is performing construction management services. Subscribers can click here for more information.
In the Great Lakes region, Vistra Corporation (NYSE:VST) (Irving, Texas) expects to close its 1,394-MW William H Zimmer Generating Station in Moscow, Ohio earlier than expected, by mid-2022. This comes after the plant, which began operating in 1991, failed to secure any capacity revenues in the latest auction held in May by PJM Interconnection (Norristown, Pennsylvania), the largest power grid operator in the U.S. However, Vistra will "evaluate the Zimmer site for potential investments in renewables or grid-scale battery storage, utilizing existing infrastructure," the company said in a press release. Subscribers to Industrial Info's project database can click here for the project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
