Tag: retirements
Indian Point, closest nuclear plant to New York City, set to retire by 2021
New York requires 50% of the state’s electricity generation comes from renewable sources by 2030 In Jan. 2017, Entergy Nuclear and the state of New York reached an agreement to retire the two nuclear reactors at the Indian Point Energy Center, located in Buchanan, New York, about 25 miles north of New York City, according […]
US natural gas-fired generating capacity likely to increase by 36 GW over next 2 years
Coal’s share of generation projected to rise from 30% to 32% The electricity industry is planning to increase natural gas-fired generating capacity by 11.2 gigawatts (GW) in 2017 and 25.4 GW in 2018, based on information reported to EIA. If these plants come online as planned, annual net additions in natural gas capacity would be […]
US wholesale power prices fell in 2016, reflecting lower natural gas prices
Natural gas was primary source of US electricity generation in 2016 for first time Average wholesale electricity prices at major trading hubs across the United States during the first quarter of 2016 were significantly lower than during the same period in 2015, ranging from 24 per cent lower in California to 64 per cent lower in New […]
Fort Calhoun becomes fifth U.S. nuclear plant to retire in past five years
As plant owners make decision to retire nuclear plants, utilities must replace lost nuclear capacity with generation from other sources The Fort Calhoun Nuclear Generating Station, located near Omaha, Nebraska, shut down on Monday, Oct. 24, after the Omaha Public Power District voted in June to retire the plant, citing economic reasons as the main […]
Coal made up more than 80% of US retired electricity generating capacity in 2015
Coal-fired generation capacity retired in 2015 was 4.6% of American coal capacity at beginning of that year Nearly 18 gigawatts (GW) of electric generating capacity was retired in 2015, a relatively high amount compared with recent years, according to the US Energy Information Administration. More than 80 per cent of the retired capacity was conventional steam coal. The […]
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