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Monday, January 7, 2013

EPA regulations force Ga. power company to shut down coal-fired generators

Stricter environmental regulations have led to Georgia Power asking state regulators for permission to shut down 15 coal-fired and oil-fired generators, totaling more than 2,000 megawatts of electricity generating capacity.

A study conducted by National Economic Research Associates for the American Coalition for Clean Coal Electricity found that over the next four years companies will be forced to shut down between 54,000 and 69,000 megawatts of coal-fueled electricity generation, mainly due to the EPA regulations.

The study estimated the compliance costs would force electricity generators to spend $15 billion to $16.7 billion annually over the next two decades.

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