Olson says Vectren’s natural gas plant also would have produced more energy than the utility needed at the expense of its customers.
SEATTLE (Oil Monster): It looks like Vectren won’t be getting a new natural gas plant. On Wednesday, the Indiana Utility Regulatory Commission rejected the utility’s proposal for an 850 megawatt facility in the Evansville area.
In a press release, the agency said Vectren’s plan would have forced its customers to pay for a plant that could become more expensive than other sources of energy in just a few short years.
The natural gas facility was supposed to replace Vectren’s three coal units that are set to close in 2023. For now they’ll likely have to stay open. Citizens Action Coalition executive director Kerwin Olson hopes Vectren will choose to replace them with wind and solar power instead.
“The costs of retrofitting and maintaining those power plants far exceed the costs of clean energy,” he says.
Olson says Vectren’s natural gas plant also would have produced more energy than the utility needed at the expense of its customers.
Vectren is expected to complete a long-term energy plan this year. The IURC suggests the utility use that plan to look into smaller-scale projects. We couldn’t reach Vectren in time for comment.
Courtesy: www.wfyi.org
United States Crude Oil Prices | |||
---|---|---|---|
COMMODITY | PRICE | CHANGE | |
Alabama Heavy Asphaltic Sour | 64.94 | -1.73 | |
Alabama Light Sour | 72.16 | -1.92 | |
Alabama Light Sour Womack Hill Type | 55.28 | +5.30 | |
Alabama Light Sweet | 77.16 | -1.92 | |
Alabama/ Florida Panhandle | 72.22 | 0.00 |
Plastic Keychain Magnet
Keychain Magnets as gift items to promote your Scrap Metal Recycling business!. Letters and numbers can be imprinted. Available Colors: Red, Blue and Green
$2.59
Scrap Metal Test Magnet 10 lb N52 Neodymium Rare Earth
Retrieval and Metal Testing Magnet. Contains The Most Powerful Grade of Neodymium Rare Earth Magnet (N52). Case Material: Aluminum
$9.99