hypocritexposer
Well-known member
Two utility companies announced the closure of 10 aging U.S. power plants Wednesday, a move environmental groups hailed as a major victory even as critics warned it could raise the price of electricity.
http://www.washingtonpost.com/national/health-science/utilities-announce-closure-of-10-aging-power-plants-in-midwest-east/2012/02/29/gIQANSLEiR_story.html
"These announcements are further proof EPA has dangerously underestimated the impact of its unprecedented roll-out of rules on the reliability of the nation's electricity grid, as the announced retirements of electricity plants already exceed EPA's dubious estimate," Raulston wrote in an e-mail.
"The cost of electricity will go up — and in some places (including Michigan, Ohio and Pennsylvania), it will go up a lot," Holmstead wrote. "Existing coal-fired plants — even the old ones that don't run very often — play a major role in controlling costs because they keep the marginal costs down during peak periods."
http://www.washingtonpost.com/national/health-science/utilities-announce-closure-of-10-aging-power-plants-in-midwest-east/2012/02/29/gIQANSLEiR_story.html