Most U.K. Coal Power Plants Seen Shut by 2023 on Climate Rules

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The U.K. will close most of its coal-fired power plants by 2023, leaving only three in use, as environmental rules take effect, according to the operator of the country’s electricity grid.

All of National Grid Plc’s projections envisage “very aggressive” shutdowns of coal stations after climate regulations come into force in 2016, Richard Smith, the company’s head of energy strategy and policy, told reporters in London yesterday. The coal plants will be replaced by natural gas-fed generation, according to the company.