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US Coal Plants' Fate Hinges on June Power-Price Auction

Bloomberg · Naureen S Malik, Will Wade · last updated

The country’s biggest grid will announce next week how much it will pay generators to ensure people’s lights stay on. Some plants won’t make the cut.

Related Knowledge Center: Electrical grid reliability

State of Play

With the need to reduce use of fossil fuels in transportation and other areas, demand is likely to increase for solutions that increase dependence on electricity and the electrical grid.  

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Related Knowledge Center: ENERGY BASICS: coal

State of Play

The use of coal, a staple of heating and electricity-generation for decades, is in decline in the United States — supplanted by newly abundant production of natural gas — but is still dominant in some parts of the world. While economical, coal use is particularly problematic as international attention focuses increasingly on climate change.

More informationabout ENERGY BASICS: coal