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first_imgU.S. coal power plant retirements in 2018 topped 14GW FacebookTwitterLinkedInEmailPrint分享E&E News ($):A funny thing happened during an unusually cold period in November. Eastern coal generation fell compared with the year before. Normally, falling temperatures would prompt power companies to fire up their coal plants. Not in 2018.The experience sums up the industry’s challenges. Even as coal prices rose and exports boomed last year, coal plant retirements flirted with all-time highs. About 5 percent of the U.S. coal fleet flicked offline in 2018, making it the second-highest year ever for coal plant retirements.The shutdowns defined the industry’s year. President Trump tried and failed to subsidize faltering coal-burning facilities. Utility coal consumption fell to a multidecade low. And power companies announced ambitious plans to close coal plants early and slash carbon emissions.“I think one of the major stories is there seems to be a watershed moment for utilities and their thinking about the future,” said Matt Preston, who tracks the coal industry at Wood Mackenzie, a consultancy. “It seems that the utilities have embraced a carbonless future and proposed drastic emissions reductions. That is a huge turnaround in thinking.”The retirements are all the more notable given the Trump administration’s attempt to reverse the industry’s decline. The Department of Energy proposed subsidizing coal and nuclear plants that stored fuel on-site, only to see its plan shot down by the Federal Energy Regulatory Commission. Yet the shutdowns continued. Power companies closed some 14 gigawatts of coal capacity at 20 plants in 2018, a figure that does not include plants that were idled or switched to natural gas.More: Coal got clobbered in 2018. Here’s the damagelast_img read more

first_imgMOST READ Tom Brady most dominant player in AFC championship history Japeth Aguilar wins 1st PBA Finals MVP award for Ginebra Don’t miss out on the latest news and information. “He (Bolick) really complements the team,” said NorthPort head coach Pido Jarencio in Filipino.“He’s made for the PBA. He’s a winner and coachable, he listens,” Jarencio added.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissThe former San Beda ace hardly missed as he hit 10 of his 12 attempts from the field.Paolo Taha added a career-high 21 points while Sean Anthony and Stanley Pringle, who is coming off his best PBA season where he finished second in the MVP race behind five-time winner June Mar Fajardo, had 19 and 16 points, respectively. Robert Bolick explodes for 26 points in his first PBA game. Photo by Tristan Tamayo/INQUIRER.netRobert Bolick made quite a good first impression in his PBA debut after leading NorthPort’s rout of Blackwater, 117-91, in the 2019 PBA Philippine Cup Wednesday at Smart Araneta Coliseum.Bolick, the second overall pick in last month’s draft, wasted no time in announcing his arrival in the pros, scoring 10 of his game-high 26 points in the first six minutes of the game.ADVERTISEMENT Ginebra beats Meralco again to capture PBA Governors’ Cup title View comments Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Ginebra beats Meralco again to capture PBA Governors’ Cup titlecenter_img Nadine Lustre’s phone stolen in Brazil LATEST STORIES In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award “We want to surpass out performance in each of the three conferences this season,” said Jarencio, whose squad wound up second to the last in the standings last conference with a 2-9 mark.Another rookie in Abu Tratter, who was the seventh pick by NLEX before being traded to Blackwater along with Paul Desiderio in exchange for talented big man Poy Erram in the offseason, showed out with team-highs 18 points and nine rebounds.Sports Related Videospowered by AdSparcRead Next In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ Philippine Army to acquire MANPADS, self-propelled howitzers Stop being a Christian for a while, Buboy tells Manny Pacquiaolast_img read more