No, coal plant chicken is not grilling chicken using waste heat from a coal plant, although that is not a terrible idea. It’s the idea that coal-fired utilities are competing for slices of a shrinking pie, and they are going to blink out of existence one by one.
Zindler, BNEF’s head of Americas, said about half of all U.S. coal plants lose money on any given day as cheap gas, along with wind and solar farms, push electricity prices lower. Meanwhile, demand for power is flat. The result, Zindler said, is coal plants wrestle to outlast one another, fighting for a bigger piece of the pie. “Every day across multiple regional transmission operating systems, we see power plants staring across at each other and saying ‘Who is going to go first?’ ” Zindler said. “It’s only a matter of time as these plants try to outlast each other.”
Elsewhere in the same article, coal-fired utility executives say this is not true because coal and nuclear are currently the only two cost-effective ways to generate a constant base load. I don’t have the expertise to agree or disagree, but I know that nuclear technology is advancing, and battery technology which can be used to smooth out intermittent loads is also advancing.