- Policymakers should plan for a transition to a low carbon economy from the outset before pursuing asset-level transitions.
- Just transition interventions should be developed at all levels. This includes top-down measures involving financing and governance structures, worker support, and initiatives to protect communities.
- A wide range of regional and plant-level considerations must be factored in when assessing the suitability of coal-fired power plants for retirement or repurposing. This includes energy security, financial viability, and environmental and socioeconomic impact.
- For a just energy transition to be viewed as a credible way forward, it must be designed with the local context in mind. The two frameworks feature a level of flexibility that allows users to manage regional priorities appropriately.
This report is not a definitive roadmap for coal phase-out. Further engagement with key stakeholders will be necessary to build a more comprehensive picture of the feasibility of a region’s transition away from coal.