Pioneering Change: Coal-to-Clean Energy Success Stories
Financial institutions (FIs) are stepping in with coal transition mechanisms (CTMs), financial tools designed to help overcome challenges such as high capital costs and the insulation of coal assets from competition. These tools have enabled early coal plant retirements in various markets worldwide. This article presents case studies on the successful early retirement of coal plants, including the Tocopilla power station in Chile, the Logan and Chambers generating stations in the United States, and the…