“Even as coal prices rose and exports boomed last year, coal plant retirements flirted with all-time highs,” E&E writes. “About 5% of the U.S. coal fleet flicked offline in 2018, making it the second-highest year ever for coal plant retirements.”
“I think one of the major stories is there seems to be a watershed moment for utilities and their thinking about the future,” said Wood Mackenzie coal analyst Matt. “It seems that the utilities have embraced a carbonless future and proposed drastic emissions reductions. That is a huge turnaround in thinking.”