Coal-fired power as a security backstop in Europe’s grid
December 16, 2025
The sudden emergence of electricity demand growth has slowed the rate of decline in the U.S. coal fleet. Major utilities have proposed integrated resource plans (IRPs) with suspended or delayed coal retirement schedules. Soaring capacity prices in PJM have improved prospects for merchant-owned coal plants. Rising market valuations for coal plant operators further illustrate the improved economic outlook for existing […]
