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Giant new plant shows coal power isn't going away
McClatchy DC ^ | 3/1/2012 | Renee Schoof

Posted on 03/03/2012 2:20:33 AM PST by blueplum

WASHINGTON — The Prairie State power plant, set amid farm fields and woods in southwestern Illinois, will start producing power soon, beginning a life of burning local coal that's expected to last until at least the 2040s.

Prairie State is the largest coal-fired power plant built in the United States in the last 30 years.

-snip-

What sets Prairie State apart from most other U.S. power plants is that it sits next to its own coal mine. The company figures it has enough coal to run the plant for 30 years, providing electricity for 2.5 million households.

Peabody Energy, the world's largest private coal company, financed the plant, creating a customer for its Illinois coal.

"That's part of the genius. Our owners already own their fuel," spokeswoman Ashlie Kuehn said. "We're not subject to the market volatility of coal, or the transportation costs of bringing that in."

Peabody later sold 95 percent of the project to eight Midwestern public power agencies.

The nearly $5 billion cost included $1 billion in pollution controls

Read more here: http://www.mcclatchydc.com/2012/03/01/140544/giant-new-plant-shows-coal-power.html#storylink=omni_popular#storylink=cpy

(Excerpt) Read more at mcclatchydc.com ...


TOPICS: Business/Economy; News/Current Events; US: Illinois
KEYWORDS: coal; coalfiredenergy; peabody
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25% of the cost was for pollution controls - amazing.
1 posted on 03/03/2012 2:20:39 AM PST by blueplum
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To: blueplum

20%


2 posted on 03/03/2012 2:42:59 AM PST by TweetEBird007
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To: TweetEBird007

It’s still a lot of money .... D


3 posted on 03/03/2012 2:45:43 AM PST by Ken522
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To: blueplum

Interesting post.

I had no idea new USA coal plants were being constructed.

All I read about is old plants being shut down, and permits for new plants being denied.


4 posted on 03/03/2012 3:09:12 AM PST by zeestephen
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To: blueplum

But-but-but....it still produces CARBON DIOXIDE!!

Won’t that make most of southern Illinois burst into a huge sheet of flame? And won’t the flame burn all the way to the little children playing in playgrounds and back yards?

(Oh, dammit, do I STILL have to use the “sarcasm” tag?)


5 posted on 03/03/2012 3:10:43 AM PST by alloysteel (Are Democrats truly "better angels"? They are lousy stewards for America.)
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To: TweetEBird007

You’re assuming that the onerous government regulations with regard to functionality of a power plant are integral.

If you assume the cost to build the plant is $4 billion, a $1 billion dollar addition of questionable efficiency government mandated emissions paraphenalia would be a 25% increase.


6 posted on 03/03/2012 3:13:39 AM PST by Gaffer
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To: Gaffer

25

25%increase, 20% of total cost.


7 posted on 03/03/2012 3:26:51 AM PST by TweetEBird007
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To: blueplum
Illinois??? coincidence?
8 posted on 03/03/2012 3:31:53 AM PST by VaRepublican (I would propagate taglines but I don't know how. But bloggers do.)
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To: blueplum

“25% of the cost was for pollution controls - amazing. “

Actually more than that. The entire plant is designed around controlling pollution, due to the many old laws. This extra billion dollars was just for the new crap from the EPA.


9 posted on 03/03/2012 3:54:39 AM PST by BobL (I don't care about his past - Santorum will BRING THE FIGHT to Obama)
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To: BobL

What?!!! Didn’t nobama, the great leader, say there would be no more coal-fired plants? How they dare they! Surely, this is satire.


10 posted on 03/03/2012 4:36:55 AM PST by ogen hal (First amendment or reeducation camp?)
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To: alloysteel

——Won’t that make most of southern Illinois burst into a huge sheet of flame? -——

No, it will help the corn and beans grow better. The ethanol produced from the CO2 growth enhanced corn will provide more BTU’s per gallon when burned than ordinary, say Iowa, corn


11 posted on 03/03/2012 4:43:55 AM PST by bert (K.E. N.P. +12 ..... Crucifixion is coming)
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To: blueplum

Sounds a lot like the cost of your new car.


12 posted on 03/03/2012 5:03:44 AM PST by Venturer
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To: ogen hal

“What?!!! Didn’t nobama, the great leader, say there would be no more coal-fired plants? How they dare they! Surely, this is satire.”

Don’t get your hopes too high. No doubt that this plant squeaked in before Obama.


13 posted on 03/03/2012 5:10:45 AM PST by BobL (I don't care about his past - Santorum will BRING THE FIGHT to Obama)
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To: blueplum
Illinois bituminous coal is high in sulfur and is usually not the fuel of choice. Western low-sulfur subbituminous coals are preferred, but, as the article points out, they require huge transportation costs. This is the biggest new "greenfield mine-mouth" coal-fired plant built in the US in the last 20 years.

It doesn't sound like the plant has mercury scrubbers -- rather surprising.

How in the world did Obama not get around to bankrupting this project and Peabody coal? That's another campaign promise broken.

Video of the plant on Bechtel's website at www.bechtel.com. Just look at all the construction workers building the plant! Real jobs, not bogus "green jobs."

14 posted on 03/03/2012 7:10:20 AM PST by ProtectOurFreedom
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To: TweetEBird007
25%increase, 20% of total cost.

Ding, ding, ding, we have a winner.

A Freeper that knows basic math, I love it.

Maybe I could get your help in making Rush understand the employment vs unemployment numbers and the way that changing the divisor effects the answer.

Regardless of how you state it [and when I was selling, I always knew the impact of how you said it} a billion additional dollars, to comply with EPA regs, means that all consumers will pay more for their electrical power {but not as much as if were powered by the "free" wind power}.

15 posted on 03/03/2012 7:15:07 AM PST by USS Alaska (Nuke the terrorists savages.)
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To: blueplum
The Department of Energy sees coal remaining the dominant source of power for electricity generation for decades, even though it predicts that its use will drop from 45%...

The DOE has amazing powers of prognostication!

Just look at their long list of successful selections!

The ROI,oh it's good to be king!

16 posted on 03/03/2012 7:22:42 AM PST by DUMBGRUNT (The best is the enemy of the good!)
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To: blueplum

I spent five years starting up power plants like this world-wide. It is great to see American can-do is still alive when the damn government finally gets accommodated enough to step aside and let things get built.

Note construction crew cars and trucks in foreground parking lot!!


17 posted on 03/03/2012 7:32:22 AM PST by ProtectOurFreedom
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To: TweetEBird007; Gaffer
You're both wrong.

In a 25% mark up you multiply by 25 percent and add that number(in this case one million) to the original number( in this case 4 million) which gives you 5 million

In business you use what is called a true mark up. In a true 25% mark up you divide by 0.25 and add that number(in this case 1.6 million) to the original number(in this case 4 million) which gives you 5.6 million.

18 posted on 03/03/2012 7:45:39 AM PST by Ben Ficklin
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To: Ben Ficklin
In a 25% mark up you multiply by 25 percent and add that number(in this case one million) to the original number( in this case 4 million) which gives you 5 million

Which is what I said. In business you use what is called a true mark up. In a true 25% mark up you divide by 0.25 and add that number(in this case 1.6 million) to the original number(in this case 4 million) which gives you 5.6 million.

There you go, acting all 'like this is a free market business' or something. The article said nothing of true markup. It spoke of 'COSTS' and the 'cost' for the regulatory stuff was ONE MILLION. Mention of 'true markup' isn't applicable here.

19 posted on 03/03/2012 9:43:19 AM PST by Gaffer
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To: Gaffer
You are right and you are wrong.

It is applicable but it is not germaine to the issue.

The issue is that after the SCOTUS decision on New Source Review in 2007, and even tho Bush punted it to next prez, some generators moved forward and are in conformance. Whether that be by adding pollution control and abatement equipment on the coal plants, switching to nat gas, wind/solar.

Who do you reward/punish, those that moved forward or those that have not.

20 posted on 03/03/2012 10:39:57 AM PST by Ben Ficklin
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