January 8, 2013 9 Comments
Well, we told you. Enjoy the summer without electricity because there will be more.
A Georgia utilities company is closing 15 coal, oil and gas plants thanks to the latest Obama EPA regulations.
Georgia Power said on Monday it plans to seek approval from Georgia regulators to retire 15 coal-, oil- and natural gas-fired power plants in the state totaling 2,061 megawatts (MW) due primarily to the high cost of meeting stricter federal environmental regulations.
Over the past few years, U.S. generating companies have announced plans to shut about 40,000 MW of older coal-fired power plants as low natural gas prices have made it uneconomic for the generators to spend millions to upgrade the plants’ emissions systems to meet the latest federal and state environmental rules.
In a press release…
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