Article from the Wheeling paper on the visit to Morgantown of US Energy Secretary Moniz. They are worried because 80 % of US coal generation is form plants that are at least 30 years old, and by 2030, they will be really old. Speakers suggest coal companies will need to build their own plants to keep utilities from switching to gas.
http://www.theintelligencer.net/news/top-headlines/2016/09/mckinley-manchin-...
JBK
A pretty awful prospect.
On Sep 13, 2016 11:55 AM, "James Kotcon via EC" ec@osenergy.org wrote:
Article from the Wheeling paper on the visit to Morgantown of US Energy Secretary Moniz. They are worried because 80 % of US coal generation is form plants that are at least 30 years old, and by 2030, they will be really old. Speakers suggest coal companies will need to build their own plants to keep utilities from switching to gas.
http://www.theintelligencer.net/news/top-headlines/2016/ 09/mckinley-manchin-moniz-discuss-energy-innovation/
JBK
EC mailing list EC@osenergy.org http://osenergy.org/mailman/listinfo/ec
It's a somewhat bizzare suggestion that ignores two realities:
a) What coal company has a strong enough balance sheet (right now or anytime soon) to finance a multi-billion dollar project with highly uncertain cash flows?
b) Even if they could, EPA regulations now require CCS for new coal plants (thanks Obama), so.... see above.
Nachy
On Tue, Sep 13, 2016 at 12:07 PM, Jim Sconyers jimscon@gmail.com wrote:
A pretty awful prospect.
On Sep 13, 2016 11:55 AM, "James Kotcon via EC" ec@osenergy.org wrote:
Article from the Wheeling paper on the visit to Morgantown of US Energy Secretary Moniz. They are worried because 80 % of US coal generation is form plants that are at least 30 years old, and by 2030, they will be really old. Speakers suggest coal companies will need to build their own plants to keep utilities from switching to gas.
http://www.theintelligencer.net/news/top-headlines/2016/09/ mckinley-manchin-moniz-discuss-energy-innovation/
JBK
EC mailing list EC@osenergy.org http://osenergy.org/mailman/listinfo/ec
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James Kotcon via EC -
Jim Sconyers via EC
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Nachy Kanfer via EC