Clarity with cost estimation
Closing thermal generating stations
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Coal‑fired power plants are ageing, and uncertainty is growing. Many owners feel forced into a choice: close now or keep operating until risk and cost dictate the outcome. We see a better path. Early planning builds the evidence needed to understand asset condition, liabilities and constraints, so owners can assess credible pathways before options narrow. It preserves flexibility, protects capital and supports decisions that stand up over time.
This guide sets out a practical, evidence‑led approach to early planning for coal‑fired power assets, including ageing plants and assets transitioning to meet sustainability objectives. Starting early preserves flexibility, improves cost credibility and supports choices that remain defensible as regulatory, market and community expectations evolve.
What's inside?
Strategy
Four strategic pathways and what early planning enables in each.
Essentials
Asset transition project essentials.
Risks
The hidden risks of starting too late, including the cost of lost time.
Actions
Guidance for what owners should do now.
Closing thermal generating stations
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Large-scale green hydrogen project
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Reclamation planning
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The first step is to start planning, even if no immediate decision is required. Early planning does not commit owners to closure or transition. It creates visibility and establishes a defensible baseline before options narrow and before urgency takes control of the agenda.