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How refinancing could help retire Colorado coal plants sooner
Energy News Network: A Colorado state legislator says he will introduce a bill in January that would give utilities a tool to accelerate retirement of power plants increasingly unable to compete with cheaper technology.
The plan, known as securitization, “could deliver mass savings across Colorado,” says State Rep. Chris Hansen, a Democrat from Denver.
The proposal will also include provisions intended to help communities and workers impacted by the transition from coal-fired power to renewables and natural gas.
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