[ProtectOurFreedom]

The bad power news just keeps coming. Biden is corrupting business decisions with the incredibly stupid "Inflation Reduction Act." Companies are shuttering perfectly good fossil plants to suck up the IRA money. Then the companies have the gall to say that funding will "help the utility reduce the risks to customers of higher energy bills due to retiring stranded assets." The only reason these assets are "stranded" is the God Damned government stranded them with its horrendous energy policy.

They are going to buy new intermittent renewable energy that willl not keep the electrical system running reliably. This is utter insanity.

How can the boards of these companies make these incredibly stupid financial decisions on behalf of their customers and their boards?

Are there NO people with courage at any of these companies that will stand up and say:

• the green crap will NOT work at utility scale;
• there is no utility-scale energy storage that works with wind and solar;
• coal plants are very clean;
• no industry will have reliable power;
• consumers are going to get killed with high prices;
• people will DIE without heat or light;
• power will be intermittent;
• grid collapse is a real and growing possibility;
• manufacturers will flee the high-power-cost and unreliable power USA for other countries costing us millions of jobs;
• China, India and others are not following this suicidal energy policy

The Craig Generating Station has operated in northwest Colorado for more than 40 years. Unit 1 at the coal-fired plant is set to close in 2025, with Units 2 and 3 scheduled to be retired no later than 2028. Courtesy: Tri-State Generation and Transmission Association

[ducttape45]

Idiots, they are all idiots.....

[Tell It Right]

End results: higher bills with less reliable service.

All while the Dims push people into EV's.

[caver]

Isn’t Colorado full of libs? Maybe they need to be thinking of where their power is coming from in 5 years.

[The Great RJ]

Waiting for large scale blackouts next summer. Pity the fools in their EVs.

[Ultra Sonic 007]

When coal/gas/nuclear power generation is the mercy of whatever administration happens to be in Washington D.C. at the moment (which is in increments of four years, far shorter time than it takes to get a return on investment for a new power plant), what sane investor or capital firm is going to bankroll the upkeep or development of new power plants that could be rendered dead in the water with little notice?

All of the government incentives are on the side of renewables, and against coal/gas/nuclear. Public sentiment, foolish (and shallow) though it may be, is likewise on the side of renewables.

The company boards probably see the writing on the wall and are simply saying ‘okay, this is what you all want; you can have it’.

It’s going to suck for a lot of people (especially when they realize how badly solar and wind are going to fare on our grid as they become more common), but that’s the way it rolls when the energy industry is as hamstrung by Washington D.C. as it is.

[Red Badger]

I have read that $0R0$ buys up defunct coal mines after they go bankrupt, for pennies on the dollar.

Is he doing the same with natural gas and coal power plants?..............

[monkeyshine]

There is no reason to “close” these plants. I can see an argument where a place like Arizona could use more solar investment and maybe it will pay off - maybe. Of course solar only works for about 1/3 of the day, on sunny days. You also need to invest in massive power storage (batteries) basically meaning you need 3x to generate roughly 2x-3x more power from solar than you need each day in order to store the excess for nighttime use.

But assuming best case scenario for solar, other sources of energy should be kept at least minimally operational and ready to ramp up if and when Solar goes sideways, nighttime, rainy days, winters, if demand issues cause spikes in energy use, battery failures etc.

[bray]

For absolutely no reason.

[Long Jon No Silver]

The ‘good feel’ battery obsession just shifts the c02 emissions from the coal fired to the battery storage manufacturer. Which is mostly in China, who build the coal fired stations to provide the energy to make the batteries.

[vpintheak]

Doing it here in the interior of Alaska as well. Friggin green morons!

[antidemoncrat]

Ask the Europeans and UK how that effort has worked out for them.

[rhinohunter]

Are there NO people with courage at any of these companies

If there were any they would have been fired long ago.

[Common Sense 101]

...to take advantage of funding from the U.S. Dept. of Agriculture’s $9.7 billion Empowering Enslaving Rural America program, part of the Biden administration’s Inflation Reduction Act. [Fixed it.]

[beethovenfan]

Stupidity on display.

[MileHi]

ping

[Ruy Dias de Bivar]

I knew people who worked on the Craig plant in construction! Also the Page AZ plants and Farminton (Waterflow) plants!

I guess our plant here in the Ozarks will be next.

[Sequoyah101]

It is going to cost another fortune to rebuild something useful after these fools get done and all their abortions are flappering as tatters in the wind.

[Chgogal]

When did Americans become so stupid?

[Vaduz]

Arizona, Colorado don’t recall how investing in more renewables worked out in Texas in the winter.

[dkGba]

Hospital patients, will suffer greatly