Latest Post | Last 10 Posts | Archives
Previous Post: SUBSCRIBERS ONLY - Today’s edition of Capitol Fax (use all CAPS in password)
Next Post: Morning Shorts
Posted in:
[The following is a paid advertisement.]
“After careful review of the FCR, the Commission concludes that the TEC facility features high costs to ratepayers with uncertain future benefits, and uncertainties that potentially add to already-significant costs.” – ICC Report, September 2010
Other Key Findings:
• “The cost associated with electricity generated by the TEC is substantially higher than that which is associated with other types of generation facilities.” – Page 2
The cost of wholesale electricity from TEC is 400-700% higher than current market prices.
• “…above market costs of energy produced from the TEC and potential cost overruns could stifle the competitive market and create significant economic impacts.” – Page 3
• “‘the true cost of the clean-coal portion of the plant is masked by the fact that approximately 46% of the electrical capacity is actually from natural gas’ and the clean-coal portion of the Taylorville facility is ‘approximately $10,641 per kilowatt’” - Page 18
• The report identifies serious “open issues” that should be addressed before the project proceeds.
These include…
• A disproportionate risk borne by consumers for cost overruns.
• Lack of technical clarity and cost estimates for carbon sequestration.
• Constantly changing plant design and configuration.
• The plant’s true “clean coal” electricity generating capacity.
For more information, visit www.stopcoalition.com
posted by Capitol Fax Blog Advertising Department
Wednesday, Nov 17, 10 @ 8:34 am
Sorry, comments are closed at this time.
Previous Post: SUBSCRIBERS ONLY - Today’s edition of Capitol Fax (use all CAPS in password)
Next Post: Morning Shorts
WordPress Mobile Edition available at alexking.org.
powered by WordPress.