$3.1B annual cost estimated for fossil fuel plants DOE won’t allow to retire
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Dive Brief:
The U.S. Department of Energy’s efforts to prevent large fossil-fuel power plants from retiring could cost ratepayers about $3.1 billion a year in 2028, according to a report released Thursday by Earthjustice, the Environmental Defense Fund, the Natural Resources Defense Council and the Sierra Club.
Grid Strategies used the cost of a dozen recent reliability-must-run contracts from around the U.S. — $89,315/MW-yea...
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