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Coal Power 28 Percent More Expensive in 2024 than in 2021

Coal Power 28 Percent More Expensive in 2024 than in 2021

Full Title: Coal Power 28 Percent More Expensive in 2024 than in 2021
Author(s): Michelle Solomon
Publisher(s): Energy Innovation
Publication Date: June 5, 2025
Full Text: Download Resource
Description (excerpt):

Coal’s already poor economics are getting worse. Our latest analysis of coal’s costs show that by every indicator it’s losing in the marketplace. 95 percent of the nation’s coal fleet was more expensive in 2024 that it was in 2021. 76 percent of U.S. coal plants saw their costs rise faster than inflation between 2021 and 2024

Because coal’s cost at most of the country’s plants is rising faster than inflation, it’s catalyzing inflation across the U.S. economy.

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