A large number of coal plants are expected to retire within the next five years. Generation companies that operate coal-fired facilities must carefully make and execute the decommissioning decision to ensure more than just financial prudence. The human element of retiring an older coal plant requires careful consideration and execution to ensure employees are treated fairly, regulators are provided adequate notice, and the company’s public perception is not harmed. In this article, ScottMadden explores the drivers of coal plant closures and recommends the approach generation companies should use to ensure equity and management control throughout the decommissioning process.

Additional Contributors Authors: Jason Payton and Eric Hanson