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Enterprising Investor

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Tuesday, 04/17/2018 11:05:15 PM

Tuesday, April 17, 2018 11:05:15 PM

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Coal is on its way out, says Vistra Energy CEO as company shuts down coal plants (4/16/18)

•Coal is a less competitive as an energy source with cheaper options, like natural gas and renewable energy, on the market, says Vistra Energy CEO Curtis Morgan.

•The company shut down 4,200 megawatts of coal-fire capacity earlier this year, and has invested in a 180-megawatt solar plant in Texas.

https://www.cnbc.com/video/2018/04/16/coal-is-on-its-way-out-solar-is-in-vistra-ceo.html

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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