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Economic Reality Continues to Leave Coal Out of Service
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The decision to stop burning coal at the four-unit plant in Springerville, Arizona, which houses one of the country’s newest units, highlights the rising costs of coal-fired power generation, which has made it increasingly less competitive against renewable energy and gas. The latest information note from the Institute of Energy Economy and Financial Analysis (IEEFA) highlights that coal is no longer economically competitive. Related:Planned coa…
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