UPDATE 2-General Electric to scrap California power plant 20 years early
General Electric Co
said on Friday it plans to demolish a large power plant it owns
in California this year after only one-third of its useful life
because the plant is no longer economically viable in a state
where wind and solar supply a growing share of inexpensive
electricity.
said on Friday it plans to demolish a large power plant it owns
in California this year after only one-third of its useful life
because the plant is no longer economically viable in a state
where wind and solar supply a growing share of inexpensive
electricity.
Posted by Reuters