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Stock impact report

U.S. Coal-Fired Power Plants Just Had Their Worst Year Since the 1970s [The Motley Fool]

Dominion Energy, Inc. (D) 
Last dominion energy, inc. earnings: 2/11 07:30 am Check Earnings Report
US:NYSE Investor Relations: dominionenergy.com/investors
Company Research Source: The Motley Fool
In 007, the U.S. generated a record amount of electricity from coal-fired power plants at an estimated ,06 terawatt-hours, according to data compiled by the U.S. Energy Information Administration (EIA). Last year, the nation's fleet generated an estimated 966 terawatt-hours. That's less than half the all-time peak from just years ago and the lowest output since the late 970s. The overnight abandonment of coal-fired power plants has created an opportunity for other power sources to gain market share while decarbonizing the country's power sector. In 09, the United States generated record amounts of electricity from each natural gas, nuclear, wind, and solar. Here's what the latest numbers from the country's ongoing energy transition mean for investors. Image source: Getty Images. By the numbers The sudden collapse of coal-fired electricity production is unprecedented. No energy source (including power, heating, and transportation) has experienced a 0% decline in output in a -year peri Show less Read more
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