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QUESTION 1 What are the factors leading to retirement or capacity decrease of coal fired power plants in the USA?
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Factors for retirement of Coal power plant:- There are three main factors for retirement of coal power plant.

(i) Coal has faced growing competition from renewable energy, with solar costs falling 85 percent

and wind costs falling 36 percent.

(ii) A surge in U.S. natural gas production due to the shale revolution has driven down prices and made coal increasingly uncompetitive in U.S. electricity markets.

(iii) U.S. electricity demand contracted in the wake of the Great Recession, and has yet to recover due to

energy efficiency improvements in buildings, lighting and appliances.

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