Low 48F. The plants must be in compliance to operate beyond 2028. As noted here before, the coal-fired fleet in this region is expected to reach its scheduled retirement age sometime around 2040. "What nobody is talking about is the fact natural gas prices are now over $3 and absent a CO2 tax, a scrubbed coal plant can come close to competing with a gas plant, so maybe coal plant retirements continue but actually slow down," DeVries said. They generated the electricity for homes around the Ohio Valley. . Watch locally produced documentaries & more. The John Amos Power Plant, operated by American Electric Power, sits on 400 acres along the Kanawha River in Winfield, WVa. As of June 30, Appalachian Power estimated its total ELG investment c. ) balances at both plants amounted to $28 million. The CCR-only option at Amos and Mountaineerwhich anticipates both plants would retire by 2028would cost a total $72.7 million at Amos (including $52.1 million in capital costs, $3.7 million in other charges, and $16.9 million in asset retirement obligation [ARO] costs), and $52.1 million for the Mountaineer plant (including $19.3 million in capital costs, $3.4 million in other charges, and $29.5 million in ARO costs). Both plants handle part of Appalachian Powers baseload needs in Virginia and West Virginia, so their output would have to be replaced with a dependable source. Energy companies nationwide, including American Electric Power, have slowly been transitioning to cheaper alternatives to coal. The SCCs order, notably, adopts nearly all findings and recommendations, contained in a July 2021 report issued by a, . They also support, directly and indirectly, 6,600 jobs. The $317 million project would change the way the coal plants dispose of coal combustion residuals and wastewater from scrubbers that remove sulfur dioxide from plant emissions. The 2,900-MW John E. Amos coal-fired power plant near Charleston, W.Va., has been producing power since the early 1970s. Were going to have additional hundreds of million dollars of investment thats going to be stranded and have to be paid for by the ratepayers, he said. By the start of 2020, that fell to 228.8 GW, a decline of 19.9%. that is degrading to another person. Buy Now. Since then, the agency has attempted to enact new limits on power plant carbon dioxide emissions, a primary driver of global warming. But in October 2020, the Trump administration issued a final rule revising the technology-based ELGs, extending timeframes, adding subcategories, and introducing a voluntary incentive program. Similar projects are slated for the Mountaineer plant, including a modification of the bottom ash handling system, installation of a new ash bunker, and a retrofit of a new ultrafiltration system to the existing FGD treatment system. "I grew up in coal country. Until that rule is finalized, current regulations, including the 2015 and 2020 rules will be implemented and enforced, the EPA said. "I really feel that when I was a kid it was worse than it is now. Slated retirements to cut US coal fleet to less than half 2015 capacity by 2035, IR In Focus | Episode 4: Insights to Navigate Investor Activism, Masters of Risk | Episode 2: A Discussion with Ilya Khaykin, According to Market Intelligence, April 2023, The 2,900-MW John E. Amos coal-fired power plant near Charleston, W.Va., has been producing power since the early 1970s.
