Estimate of US Coal Plant Retirements from Rules Changes Cut by Consultancy

Platts reported that ICF International reduced its prediction of the number of coal plants that would be shut down following new emissions regulations.

As quoted in the market news:

The current report bases its estimate of impact by taking into account the Cross-State Air Pollution Rule, the Utility MACT, coal combustion residuals rule, a cooling water intake rule and a future CO2 rule. ICF estimates that the CO2 rule will be in effect by 2020, and assess a carbon price of $15/ton. The new prediction falls below those forecasted by other analysts and industry insiders, which is partly because of analysts’ changing notion of the regulation details.

Click here to read the full Platts report.