Summary of “Retirements of U.S. Electric Generating Capacity to Slow in 2024”

Main Points:

– In 2024, operators plan to retire 5.2 gigawatts (GW) of U.S. electric generating capacity, marking a significant 62% decrease from the previous year when 13.5 GW were retired.
– This planned retirement in 2024 is the lowest in any year since 2008.
– Coal and natural gas are set to contribute to 91% of the total capacity retirements in the United States for this year.

Author’s Take:

The slowing rate of retirements in U.S. electric generating capacity for 2024 appears to be a positive sign, with a notable decrease from the previous year. This decrease, coupled with the dominance of coal and natural gas in the retirement landscape, implies a potential shift towards cleaner and more sustainable energy sources in the country.

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