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US electric-generating capacity retirements in 2024 to be lowest in 16 years: EIA

US electric-generating retirements are expected to drop 62% year on year in 2024, marking the lowest amount of capacity retirements in 16 years, the US Energy Information Administration said Feb. 20. Operators plan to retire 5.2 GW in 2024, compared to 13.5% GW in 2023, with coal-fired and natural gas-fired generation accounting for a combined 91% of planned capacity retirements… US electric-generating retirements are expected to drop 62% year on year in 2024, marking the lowest amount of capacity retirements in 16 years, the US Energy Information Administration said Feb. 20. Operators plan to retire 5.2 GW in 2024, compared to 13.5% GW in 2023, with coal-fired and natural gas-fired generation accounting for a combined 91% of planned capacity retirements… Read More 

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