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Related: About this forumCoal Unit at Center of Trump Bailout Bid to Shut 19 Months Early
Last unit at Bruce Mansfield plant to be shuttered in NovemberPower plant was at center of Trumps efforts to save coal
A Pennsylvania power plant that was at the center of President Donald Trumps effort to revive the coal industry will be closing 19 months ahead of schedule.
FirstEnergy Solutions Corp. plans to shutter the Bruce Mansfield power plants Unit 3 in November because of a lack of economic viability, according to a statement Friday. The company had earlier said it would close the site in June 2021. Units 1 and 2 were deactivated in February.
Bruce Mansfield was the states biggest coal-fired power plant but struggled to compete against cheap natural gas flowing out of nearby shale formations. One of its biggest supporters was Robert E. Murray, chief executive officer of Murray Energy Corp. and a major supplier for the complex. He lobbied the Trump administration for policies that would help the facility, and in 2017 the Energy Department proposed a plan to pay coal generators more for stockpiling fuel on-site. The Federal Energy Regulatory Commission rejected the idea in 2018.
FirstEnergy Solutions filed for bankruptcy in March 2018, dragged down by its coal and nuclear power plants. Its a unit of FirstEnergy Corp. The company said the deactivation process at Bruce Mansfield will be complete by May.
FirstEnergy Solutions had said that it would close two nuclear plants in Ohio, and the state last month approved a plan to offer financial assistance that would let the company keep them open.
Short article, no more at link: https://www.bloomberg.com/news/articles/2019-08-09/firstenergy-solutions-to-shut-coal-fired-plant-19-months-early
Vehicles drive along a road near the Bruce Mansfield coal-fired power plant in Shippingport, Pennsylvania. Photographer: Justin Merriman/Bloomberg
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Coal Unit at Center of Trump Bailout Bid to Shut 19 Months Early (Original Post)
Rhiannon12866
Aug 2019
OP
progree
(10,918 posts)1. Meanwhile in Pakistan, things are quite a bit different. Before 2016, just one coal-fired plant
Last edited Sat Aug 10, 2019, 08:56 AM - Edit history (1)
It now has nine, supplying 15% of the nations electricity, with another four under construction. Solar power provides about 1% of energy needs and is getting a tiny sliver of investment compared with whats going into coal.
Especially in Asia, dozens of coal plants have come on line in recent years or are in the planning stageswith a normal lifetime of almost a half-century. In South and Southeast Asia, coal burning is expected to increase about 3.5% a year for the next two decades, according to the International Energy Agency.
Globally, the IEA predicts, coal demand wont peak until 2040. And that may be optimistic. Forecasts such as the IEAs often assume governments will choose the cheapest option based on optimum efficiency while factoring in environmental constraints and the falling cost of solar and wind power.
Despite the rise of renewables, the roll call of governments adding coal-fired plants includes four of the worlds five most populous nations: China, India, Indonesia, and Pakistan.
Add to Pakistans woes a crippling shortage of energy. Although the government has made progress in tackling the power deficit, blackouts are a way of life.
More: https://finance.yahoo.com/news/pakistan-milewide-open-air-mine-000006147.html
Especially in Asia, dozens of coal plants have come on line in recent years or are in the planning stageswith a normal lifetime of almost a half-century. In South and Southeast Asia, coal burning is expected to increase about 3.5% a year for the next two decades, according to the International Energy Agency.
Globally, the IEA predicts, coal demand wont peak until 2040. And that may be optimistic. Forecasts such as the IEAs often assume governments will choose the cheapest option based on optimum efficiency while factoring in environmental constraints and the falling cost of solar and wind power.
Despite the rise of renewables, the roll call of governments adding coal-fired plants includes four of the worlds five most populous nations: China, India, Indonesia, and Pakistan.
Add to Pakistans woes a crippling shortage of energy. Although the government has made progress in tackling the power deficit, blackouts are a way of life.
More: https://finance.yahoo.com/news/pakistan-milewide-open-air-mine-000006147.html