High costs associated with stricter federal environmental regulations and increased competition from low-priced
natural gas have shut down two coal-fired power plants in Pennsylvania.
FirstEnergy Corp. will close the coal plants by October 9, according to Reuters, due to weak power prices.
Another factor is the high cost of complying with the Environmental
Protection agency’s Mercury Air Toxics Standards, or MATS, which would
require the company to spend $275 million at the two plants.
natural gas have shut down two coal-fired power plants in Pennsylvania.FirstEnergy Corp. will close the coal plants by October 9, according to Reuters, due to weak power prices.
Another factor is the high cost of complying with the Environmental
Protection agency’s Mercury Air Toxics Standards, or MATS, which would
require the company to spend $275 million at the two plants.
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