Coal projects to exceed $20 billion for 2011
The industry has responded to unswerving environmental legislation and regulation, resulting in billions of dollars of power plant environmental retrofits in recent years mandated to fight NOx, SOx, particulates, and now mercury and CO2. All the while, coal-fired power plants continue to supply 50 of the nation's electricity at relatively inexpensive prices.
While about 9,200 megawatts of replacement coal-fired capacity is under construction in the U.S., new coal-fired unit development has come to a standstill in 2010. However, there are opportunities for equipment and aftermarket service providers, on more than 350 maintenance and capital projects scheduled to begin construction in 2011. These projects total more than $20 billion.
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Affordable, safe' nuclear power is key to reaching Canada's climate goals: federal minister
TORONTO - Canada must expand its nuclear power capacity if it is to reach its climate targets, according to Canadian Minister of Natural Resources Seamus Oregan.
Speaking to the Canadian Nuclear Association’s annual conference, Seamus O’Regan said the industry has to grow.
“As the world tackles a changing climate, nuclear power is poised to provide the next wave of clean, affordable, safe and reliable power,” he told a packed room.
The Ottawa conference was the largest the industry has run with dozens of companies and more than 900 people in attendance. Provincial cabinet ministers from Saskatchewan and Ontario were also there. Those two…
