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Edison intl to shut chicago coal fired plants early - 2 AA LED Flashlight Manufacturer by vacuumse mse





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Edison intl to shut chicago coal fired plants early - 2 AA LED Flashlight Manufacturer by
Article Posted: 06/17/2012
Article Views: 95
Articles Written: 1079
Word Count: 398
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Edison intl to shut chicago coal fired plants early - 2 AA LED Flashlight Manufacturer


 
Business,Business News,Business Opportunities
Reuters quoted Midwest Generation said it would shut two coal-firedpower plants in Chicago earlier than expected in September. In February, Midwest Generation a unit of California power companyEdison International Edison Mission Group agreed with the city ofChicago and environmental and community groups to shut the 326megawatt Fisk plant by the end of 2012 and the 532-MW Crawfordplant by the end of 2014. Mr Charlie Parnell Edison spokesman told Reuters the companydecided to shut the plants early for economic reasons. The Fisk andCrawford plants entered service in the 1950s and 1960s. The two plants employ about 165 workers.

PJM, the regional gridoperator for 13 Mid-Atlantic and Midwest states has already signedoff on the plan to shut the two plants because they were not neededfor regional reliability. Mr Parnell said the company had time before it needed to decidewhether to upgrade the emissions controls at the other units. Hesaid that the company, for example has until 2014 to decide whetherto install scrubbers at the two coal units at Waukegan. Over the past few years, power companies have announced plans toshut more than 30,000 MW of coal-fired generation due to proposedmore stringent federal environmental regulations, weak power marketconditions and record switching from coal to natural gas-firedgenerators since gas has been cheaper than coal since about 2010.

In addition to the two Chicago coal plants, Midwest Generation alsoowns coal units at other plants in Illinois the 1,350-MW Joliet,761-MW Will County, 797-MW Waukegan and the 1,538-MW Powerton. Theunits at Joliet, Will County and Waukegan entered service in the1950s and 1960s. The two 769-MW units at Powerton entered servicein the 1970s. Separately another unit of Edison Mission Group was in the processof transferring the 1,884-MW Homer City coal plant in Pennsylvaniato a unit of US conglomerate General Electric Co the majority ownerlessor of the plant. Edison Mission said in February it was talking with GE abouttransferring the Homer City plant in part because of the high costof upgrading the plant emissions control equipment.

The cost ofinstalling sulfur dioxide and particulate control equipment onUnits 1 and 2 at the plant was estimated at up to USD 750 million. Source - Reuters.

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