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Joseph Daniel,
Senior Energy Analyst | May 6, 2021, 11:32 am EDT
About five years ago, when UCS looked at the economics of coal plants, we found that about 40 percent of coal plants were more expensive than cleaner alternatives. Almost every year since our report has come out, a new study has come out and come to a similar conclusion with one notable difference: The amount of coal that is uneconomic seems to always be increasing. And the latest study has found that the number has reached 80 percent!
What is even more fascinating is that the numbers are starting to paint a very clear picture: that transitioning away from coal and towards clean energy could save customers money today.