Britain's
last coal power plant is closing, ending 142 years of 'dirty fuel' electricity
Extract from the
Article:
Britain's last coal-fired power plant, Ratcliffe-on-Soar, is set to close at
midnight on Monday, marking the end of 142 years of coal-generated electricity
in the UK.
The closure of the UK's final coal plant is being celebrated by the
government as a significant milestone for the country. This move aligns with
global trends where coal-fired power plants are facing a wave of retirements
and a decrease in new plant constructions.
The shift towards renewable energy sources like wind and solar is becoming
economically favorable, leading to a gradual phasing out of coal-based
electricity generation.
In recent years, there has been a substantial reduction in coal-generated
electricity capacity, with 268 GW of coal power plants shutting down primarily
in the EU and US.
The declining trend extends to future plans, with 213 GW already scheduled
for retirement and several countries, including the UK and Germany, planning
complete phaseouts of coal power.
The cost-effectiveness of renewable energy compared to coal has become
apparent, with reports indicating that building new wind and solar
infrastructure is cheaper than operating existing coal plants. These
developments signify a global shift towards sustainable energy production and
the urgent need to align with climate goals by transitioning away from coal.
My Take:
Blog
Title: Money Down the Pit
"The closure of Britain's last coal-fired power plant echoes the
challenges highlighted in my blog regarding the unviability of coal power
plants. As coal plants face closure due to low plant load factors, the question
arises about the demand for coal itself.
The scenario of coal-fired power plants shutting down, as seen in India,
reflects a global trend towards cleaner energy sources. The shift towards
renewables, as witnessed in the UK's milestone closure, aligns with the
inevitability of phasing out coal-based electricity generation for
environmental and economic reasons."
Blog
Title: Bluewaters Coal-fired Power Station Written Off
"The devaluation of Australia's newest coal-fired power station to zero
underscores the growing dominance of renewables in the energy sector.
The depreciation of coal assets highlights the economic shift towards
renewable energy sources, making coal less financially viable. The global trend
of coal becoming more expensive than renewables confirms the need for
accelerated coal plant closures to meet climate targets.
The closure of Britain's final coal plant exemplifies the urgency of
transitioning to cleaner energy options."
Call to Action:
To policymakers and energy authorities worldwide, the closure of Britain's
last coal-fired power plant should serve as a wake-up call to expedite the
transition to renewable energy sources.
Governments must prioritize sustainable energy initiatives, accelerate the
closure of coal plants, and invest in renewable infrastructure to combat
climate change effectively.
Embracing clean energy technologies not only ensures a greener future but
also promotes economic growth and energy security.
With regards,
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