Accelerating Coal Plant Retirement at Scale

Deb Chattopadhyay, Payne Institute Program Manager Brad Handler, and Chandrasekar Govindarajalu write about how coal plants in some countries are actively being retired ahead of their planned closure dates, there is yet to be sufficient clarity on which business model(s) might help to achieve this at scale.  Policy-based and market-led closures, buyout of coal plants, auctioning them off, repurposing them, and swapping coal assets with renewables have all been tried in different parts of the world. They make an assessment of various proposed financial and business models to retire coal fired power plants early and which model or combination of models might work best for “at-scale” closure. August 1, 2023.