Coal projects to exceed $20 billion for 2011

subscribe

Remember the old Timex watch commercials? "It takes a licking and keeps on ticking." That mantra could be easily used to describe the North America coal-fired power generation industry.

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.

Related News

hydro one building

Hydro One shares jump 5.7 per cent after U.S. regulators reject $6.7B takeover

TORONTO - Opposition politicians may not like it but investors are applauding the rejection of Hydro One Ltd.'s $6.7-billion takeover of U.S.-based utility Avista Corp.

Shares in the power company controlled by the Ontario government closed at $21.53, up $1.16 or 5.7 per cent, on the Toronto Stock Exchange on Thursday.

On Wednesday, Washington State regulators said they would not allow Ontario's largest utility to buy Avista for fear the provincial government, which owns 47 per cent of Hydro One's shares, might meddle in Avista's operations.

Financial analysts had predicted investors would welcome the news because the deal, announced in July 2017, would…

READ MORE
US Approves Rule to Boost Renewable Transmission

US Approves Rule to Boost Renewable Transmission

READ MORE

tva cumberland

TVA faces federal scrutiny over climate goals, electricity rates

READ MORE

Abu Dhabi

Abu Dhabi seeks investors to build hydrogen-export facilities

READ MORE

texas grid improvements

5 ways Texas can improve electricity reliability and save our economy

READ MORE