And if it means raising our utility bills a little bit, so be it.. Appalachian Power and Wheeling Power did not prudently manage their coal supplies in 2021 and 2022, leading to shortages of fuel and higher electricity costs, a consulting group has concluded. Last year, Morgan Stanley went further and predicted there would be no coal producing electricity by 2033. Editorial: Two power plants' future becomes uncertain They also support, directly and indirectly, 6,600 jobs. A couple of large coal-fired power plants in this area could be retired ahead of schedule. Ashtracker | Site 65 Thats a risky investment considering the deteriorating economics of coal, said James Van Nostrand, who teaches law at West Virginia University and directs its Center for Energy and Sustainable Development. PSC gives approval for upgrades at John Amos, Mountaineer - WCHS Its impact on the. From that year through 2020, power companies retired 95 gigawatts of that power, nearly a third. However, theres no guarantee all three plants would continue operating another 12 years or beyond that if the commission approves the request. The lower output means fewer workers, from the mines to the power plants. The plant employs around 300 people with . Do Not Sell or Share My Personal Information. that the ELG investment is reasonable and prudent, including from an economic or a resource adequacy perspective. Still, the SCC allowed Appalachian Power to provide more analyses and evidence to support the ELG investment. Adding another level of complexity are the changing federal rule requirementsas new administrations take the helm in Washington, D.C. Watch locally produced documentaries & more. "We can't continue to risk everything for energy, you know, I mean coal keeps the lights on, they say, but at what cost?". They plan on retiring another 25 gigawatts through 2025. Closing the Mitchell plant in 2028 would save $118 million, it found. The facility operates one surface . Click here to explore our interactive coal ash map >>. The. Wheeling Power and Kentucky Power each hold a 50% stake in the Mitchell Plant, which began operating in 1980. Theres also the delicate matter of what happens to the communities that depend on the plants for jobs and tax revenue, as well as the coal mines that supply them. Holladay says the utilities may choose to keep them open and lose money. They've towered over the region's communities for decades. Scott Blake, an AEP spokesman, said the.
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