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Message: <blockquote data-quote="bacha29" data-source="post: 2917832" data-attributes="member: 58386"><p>Just a couple of weeks ago China announced the cancellation  of 100 coal fired power plants that were scheduled for construction in the coming years. Same thing too dirty, too expensive to operate. Much of that 30% coal generation you speak of is in the regulated markets but 9 of the 14 states under PJM's management are deregulated markets and the rest are expected to dereg soon.. Keep in mind projections are for oil to stabilize at $50 over the next 10 years and in the near term could drop into the 30's  Nat gas is in the $3 range a fraction of what it once was and industry experts are expecting 1 billion cubic feet of new gas to come onto the market next year. That's 1 billion cubic feet per day. Oh yes there's coal out there but remember the easiest stuff to get to was pulled out decades ago.</p></blockquote><p></p>