Flooding forces two power plants to shut down
SIOUX FALLS, SOUTH DAKOTA - Flooding on the Missouri River is forcing two electric power plants in western North Dakota to shut down. But Gov. John Hoeven says it won't cut off power to customers.
Hoeven says the Leland Olds and Coal Creek power plants are shutting down because the Garrison Dam is not releasing water. The power plants need a certain river level to take in Missouri River water used to make steam and power the plant's turbines.
The dam cut off its water releases to ease flooding downstream in Bismarck.
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When paying $1 for a coal power plant is still paying too much
SAN JUAN - One dollar. That’s how much an aging New Mexico coal plant is worth. And by some estimates, even that may be too much.
Acme Equities LLC, a New York-based holding company, is in talks to buy the 847-megawatt San Juan Generating Station for $1, after four of its five owners decided to shut it down. The fifth owner, the nearby city of Farmington, says it’s pursuing the bargain-basement deal with Acme to avoid losing about 1,600 direct and indirect jobs in the area.
We respectfully disagree with the notion that the plant is not economical
Acme’s interest comes as others…
