To: pocotrader who wrote (1195904 ) 1/25/2020 1:29:53 PM From: Wharf Rat Read Replies (2) | Respond to of 1577566 "if the world stopped using petroleum right now we would go back to the dark ages" If we stop using it in 2050, we have plenty of time to develop other energy sources. In October 2019 the total added capacity reported was 979 MW, compared to the 2664.6 MW added in October 2018. The chart below shows the monthly capacity retirements in 2019 up to October. the navajo generating station commences retirementIn October, the largest share of retirements reported was a result of the closure of one 750 MW unit at the largest coal fired plant west of the Mississippi River, the Navajo Generating Station (NGS), operated by The Salt River Project. This plant has been mentioned in several comments at peakoilbarrel.com. The Navajo Nation derives significant revenue from the plant and the plant workforce included a large portion of tribe members. It was a major contributor to the economy of the nearby city of Page, Arizona and was the only customer for the Kayenta Coal Mine which has also had to cease operations as a result. Out of the concern for the impact the closure of the plant and the coal mine will have on the Navajo Nation’s revenues and the economy of the neighboring communities, the Navajo Nation government made significant efforts to save the plant. Despite these efforts, competitive pressure from lower cost electricity from Natural Gas has made the plant uneconomic to operate. With the Levellized Cost of Electricty (LCOE) of electricity from wind and solar being the lowest cost source in many regions of the world and most certainly in the region around the plant, it is not likely that utilities will turn to coal if Natural Gas prices were to increase significantly. It is yet to be seen if the Navajo Nation will seek to attempt to replace the revenues lost from the closure of the NGS by encouraging the construction of solar farms to use the existing transmission capacity. At the time of writing of this report the NGS has ceased operation and the closure of the remaining units will be reported in the next two months. other retirementsThe other retirements reported in October were the closure of the Texas Municipal Power Agency‘s 470 MW, coal fired Gibbons Creek plant, a 480 MW Natural Gas Steam Turbine at AES Redondo Beach LLC and six conventional hydroelectric units, amounting to 5.4 MW in Portland, Oregon. The total amount of retirements reported was 1705.4 MW compared to the 933.6 MW reported in October 2018. Below is a chart for monthly net additions/retirements showing the data up to October 2019, followed by a chart showing the net additions/retirements year to date.peakoilbarrel.com