Retirement of coal-fired power plants in US set to break record in 2018
Coal's retreat in the US continues at a greater pace than ever before, shows a new analysis shortly after another of the country's biggest coal manufacturers have applied for bankruptcy protection.
It is becoming increasingly difficult for US coal-fired power plants to earn money, and 2018 is therefore set to become the record year for the highest number of coal plants being decommissioned, according to a new report on the coal sector from US-based organization Institute for Energy Economics and Financial Analysis.
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