Posted on 01/26/2012 11:02:11 AM PST by EBH
The libs would rather see undependable, wasteful projects like the LEAP windfarm:
http://digg.com/newsbar/topnews/wasteful_wind_power
Has FE built any simple or combined cycle Gas Turbine plants lately? Those are perfect swing/peaker plants. And there is a big source of gas nearby in PA.
I beat you to it at #15!
Don’t know. Most utils are going that way and thankfully we got enough gas for the ages. Only downside is forcing them to build new plants will result in rate increases.
My son will still be alive when all the “glut” natural gas is used up, at TODAY’S rate of usage - let alone when everyone starts using it for everything.
The only things that will give us enough energy for the ages - millions and millions of years - are uranium and thorium.
The real question is why they would not replace the lost generation capacity with a new clean coal or NG plant. It is possible they don't need the excess capacity in low growth NE Ohio.
Obviously, they believe they can purchase power from other generators more cheaply than they can replace the capacity. And who would want to make a major capital investment commitment so long as Obama is in power?
They might also be crossing their fingers and hoping that the next administration pulls the EPA's fangs.
Ashtabula. So sad. Nothing left there.
There will be no natural gas glut in Ohio.
Ohio may not participate in adding supply into the glut, but that doesn't mean that gas is likely to be significantly more expensive in Ohio than in places which do allow shale gas production. Assuming that pipeline capacity is adequate.
The total capacity of the competitive plants that will be retired is 2,689 MW
This is the equivalent of two large, modern, base load nuclear power plants.
Which will of course never be approved under a Democratic administration; particularly this one.
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