Utility Management Group

Senior decision-makers come together to connect around strategies and business trends affecting utilities.

36,113 Members

Post

Coal Projects in the U.S. - Two Closing, Two Expanding

ID 64620197 © Emmanouil Pavlis | Dreamstime.com

The Tennessee Valley Authority board of directors voted to shut down two aging coal-fired power plants. Paradise 3 plant in Kentucky will close by December 2020 and the Bull Run plant in Tennessee by December 2023.  “It is not about coal. This decision is about economics,” TVA chief executive William D. Johnson said.  The board decided that it would be too costly to sustain the 49-year-old plant, which operated only intermittently last year because it was no longer needed to supply uninterrupted power known as baseload.  John M. Thomas III, TVA chief financial officer, said that closing the two plants would save ratepayers $320 million without affecting resilience or reliability. 

This week in other news, the approval of two coal mining projects was announced for southern Utah.  The projects include an expansion and an extension of preexisting sites. Despite the U.S. Department of the Interior's statement declaring "the war on coal is over,” coal seems to be losing the battle and not just in the United States. The U.K. only has seven remaining coal power stations and one of them will close this year.  EDF Energy said, the power station was no longer economically viable.  Jeremy Nichols, climate and energy director at WildEarth Guardians states, "There's no war on coal. It's just coal's inability to compete with cleaner and more affordable ways to generate electricity."

Nevelyn Black's picture

Thank Nevelyn for the Post!

Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.

Discussions

No discussions yet. Start a discussion below.

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »