Guest post by Elder Demolition
This decade will see the industrial demolition of dozens of coal power plants. Coal plant decommissioning is influenced by factors including tightening environmental regulations, public interest in cleaner power sources and competition from other power sources such as natural gas.
While some coal plants may be viable for conversion to natural gas, the majority will be demolished. A recent Navigant Research report estimates that the coal plant decommissioning market will represent $5.3 billion between 2013 and 2020.
Engineers, consultants, environmental remediation firms and demolition and asset recovery experts will all be clamoring for their own pieces of that coal decommissioning pie. Scrap metal recyclers will also be hoping to “cash in” on the dismantling of coal power plants. In this sense, demolishing coal plants will be an economic boost for companies all over the country.
For eco-minded individuals, material recycling is the most important aspect of coal plant decommissioning. A few decades ago, power plant operators could just fence off and abandon old plants, but modern environmental laws require much more thorough dismantling. From tearing down old buildings to processing toxic materials and refurbishing the land, there are many ways to “go green” when taking apart a coal plant. Plant owners have a financial incentive to recycle as much as possible, as salvaged materials can significantly offset demolition costs.
Engineers, consultants, environmental remediation firms and demolition and asset recovery experts will all be clamoring for their own pieces of that coal decommissioning pie. Scrap metal recyclers will also be hoping to “cash in” on the dismantling of coal power plants. In this sense, demolishing coal plants will be an economic boost for companies all over the country.
For eco-minded individuals, material recycling is the most important aspect of coal plant decommissioning. A few decades ago, power plant operators could just fence off and abandon old plants, but modern environmental laws require much more thorough dismantling. From tearing down old buildings to processing toxic materials and refurbishing the land, there are many ways to “go green” when taking apart a coal plant. Plant owners have a financial incentive to recycle as much as possible, as salvaged materials can significantly offset demolition costs.