As One Marginal Power Plant Retires, Another Huffs and Puffs

Coal's long-term fundamentals are coming into focus. A traditional fuel for older power plants, steam coal will come under increasing pressure, as more power plants than expected exit the market.

In many ways, coal-fired power plants are similar to nuclear plants. Their back ends use similar technologies of steam turbines, condensers, massive generators, transformers and switchyards. Their efficiencies are hopelessly constrained by the stubborn laws of thermodynamics; it is difficult for them to reach the mechanical efficiencies of most modern gas turbines. Coal and nuclear power plants produce waste products that have become an environmental and economic challenge....671 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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