Posted on 10/10/2014 9:19:31 AM PDT by jazusamo
(CNSNews.com) – Power plants generating 72 gigawatts
(GW) of electricity in 37 states have either closed or are scheduled to shut their doors to comply with Environmental Protection Agency (EPA) regulations, according to the Institute for Energy Research (IER).
The loss of generating capacity is “over seven times the amount originally predicted by EPA modeling,” IER’s updated report, released October 7, noted.
“Originally, EPA calculated that only 9.5 GW of electrical generating capacity would close as a result of its MATS (Mercury and Air Toxics Standard) and CSAPR (Cross State Air Pollution Rule) rules,” the report stated.
“Before President Obama’s newly proposed [carbon dioxide] regulations on existing power plants even begin to take effect, however, it is clear that actual number will now be much higher,” the report continued, adding that the closures will take “enough electrical generation capacity to reliably power 44.7 million homes – or every home in every state west of the Mississippi, excluding Texas” off the grid.
Over 94 percent of the closures involve coal-fired power plants, which currently provide one-fifth of the nation’s electricity, even though coal was the only fuel that was able to keep up with the higher demand during last January's polar vortex.
The result will be higher utility prices and lower reliability, IER warned.
“This past winter demonstrated in real time the value of the existing coal fleet. During the winter of 2014, coal was the only fuel with the ability to meet demand increases for electricity, providing 92 percent of incremental electricity in January/February, 2014 versus the same months in 2013,” the IER report stated.
“Americans were harmed as the relentless cold indicated that prudent utility practices require large, baseload coal plants to stabilize the grid, keep society functioning, and maintain electricity availability.”
“An unprecedented amount of planned generation retirements driven largely by environmental regulations... places upward pressure on prices,” according to PJM’s 2015/16 power auction report, which noted that the wholesale cost of electricity will go up next year for its 61 million customers living in 13 Northeast, Mid-Atlantic and Midwestern states and the District of Columbia.
PJM Interconnection manages 62,566 miles of high-voltage transmission lines in “all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia.”
Coal accounts for the majority (41 percent) of the fuel generated for PJM's section of the grid, followed by nuclear (18 percent), natural gas (16 percent), and oil (6 percent).
Last Tuesday, members of the United Mine Workers of America protestedthe EPA regulations at the agency’s headquarters in Washington because they said closure of the coal-powered power plants will decimate coalfield communities.
Obama, crippling the economy one industry at a time.
EPA thought they could extort businesses at a higher rate than is reality.
Unexpected.
Bump
Yep, every chance he gets.
“If you like your freezing hovel, you can keep it.”
I do vaguely recall obama mentioning utility prices were going to increase. Which means he at least told the truth about one thing.
Shivering in the dark for a socialist fable.
A number of us foresaw this disaster coming. This will have a huge effect on our standard of living.
Here is the list:
In other words, EPA is shutting down enough generating capacity to power every home in
Washington,
Oregon,
California,
Idaho,
Nevada,
Arizona,
Utah,
Montana,
Wyoming,
Colorado,
New Mexico,
North Dakota
South Dakota,
Nebraska,
Kansas,
Oklahoma,
Minnesota,
Iowa,
Missouri,
Arkansas,
Louisiana.
Modeling equals lies in this case, like so many from this alien Regime bent on our destruction.
Senator Obama in 2008 gave a hint of what he planned to do to the coal industry. In an interview with the San Francisco Chronicle, Obama said, “So, if somebody wants to build a coal plant, they can -– it’s just that it will bankrupt them, because they are going to be charged a huge sum for all that greenhouse gas that’s being emitted.”
The blackouts are going to be many and often and electric price will soar.
If I had time and the skills to do it, I’d make a music video parodying the Blue Oyster Cult song ‘Godzilla’.
I’d call it Fedzilla, and I’d have the Obama’s trampling across America, using his tail to wipe out WV Coal, Michelle breathing fire on school lunches, Obama crushing a fence and letting multitudes of sick illegals, bleeding from their eyes, across while a lonely Marine watches it through the bars of his prison cell.
ZillaFed.
Just part of our slavemaster’s War on America.
Besides the intentional economic damage caused by the Sultan and mainly his Demorat cohorts there is another in the shadows scheme they are operating. Genocide. They want to kill ever increasing numbers of Americans through importation of disease ridden invaders, criminal invaders and power shortages amidst the heat of summer and blizzards of winter.
PS, the Georgia Guidestones are only ninety miles from the CDC and CNN. Ever wonder if some of the staff drive up from Atlanta and worship there?
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