Old plants aren’t cheap enough to operate. The cost of gas and coal is expensive and ongoing. The plants are old and need increasing maintenance and costs are rising. Unless they can charge a premium they are money pits. Solar beats them hands down as once the capex is paid then the opex is trivial by comparison. It’s the preferred financial model.
Old plants aren’t cheap enough to operate. The cost of gas and coal is expensive and ongoing. The plants are old and need increasing maintenance and costs are rising. Unless they can charge a premium they are money pits. Solar beats them hands down as once the capex is paid then the opex is trivial by comparison. It’s the preferred financial model.