A Dramatic Drop in Coal-Based Power Predicted by 2035
Submitted by amyguinan on December 16, 2010 – 3:09pm
According to a new study by Black & Veatch, coal’s share of the United States’ electricity market will drop dramatically over the next two decades as reliance on natural gas expands and new pollution controls for coal plants come into effect. The firm projects that “coal-fired power plants will provide 25 percent of the nation’s electricity in 2035, down from 49 percent today. Natural gas-powered facilities’ share of electricity generation will rise to 40 percent, up from 21 percent. Renewable energy production will spike from four percent to 11 percent while nuclear generation increases slightly from 20 percent to 21 percent in 2035.”
Lilke many models, Black and Veatch assume that federal legislation will pass that would impose caps on carbon emissions and increase the price for coal-based power generation.
Black & Veatch predicts that about 16 percent of the U.S.’ coal-fired fleet will be retired in the coming years to avoid the cost of complying with new pollution control measures.
For more information, click here: http://blogs.reuters.com/environment/2010/12/06/report-a-dramatic-drop-in-coal-fired-power-by-2035-in-the-u-s/