U.S. Coal Capacity Set To Drop Dramatically By 2050 ...Middle East

U.S. coal power generation capacity is set to drop by half between now and 2050, the Energy Information Administration has forecast, citing rising costs because of tighter emission regulation and intensifying competition from gas, wind, and solar. The forecast is under the EIA’s so-called High Zero-Carbon Technology Cost scenario. Under a Reference Scenario, coal capacity is seen shrinking by as much as 64% to 73 GW by 2050. Under the most ambitious scenario, envisaging low costs for the transition to zero carbon, the EIA predicts an 88%…

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