Tag Archives: power plants

For Aging Power Plants, Replacement Offers Clear Path Forward

April 2016, Vol. 243, No. 4

Today’s generating companies (GENCOs) need help transforming aging power plants through retirement, replacement, retrofitting or redevelopment. Of the 7,000 generating facilities in the United States, many are over 40 years old, and most have historically burned coal for an overall efficiency of 30% or lower. In today’s energy markets, these older plants are struggling to compete, especially in light of the availability of natural gas at historic low rates and ever-increasing environmental pressures. However, simply shutting down these old plants and building new plants elsewhere isn’t the only option. Replacement of existing coal-fired, steam-turbine plants […]