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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Alberta set to retire coal power by 2023, ahead of 2030 provincial deadline
CALGARY - Alberta is set to meet its goal to eliminate coal-fired electricity production years earlier than its 2030 target, thanks to recently announced utility conversion projects.
Capital Power Corp.’s plan to spend nearly $1 billion to switch two coal-fired power units west of Edmonton to natural gas, and stop using coal entirely by 2023, was welcomed by both the province and the Pembina Institute environmental think-tank.
In 2014, 55 per cent of Alberta’s electricity was produced from 18 coal-fired generators. The Alberta government announced in 2015 it would eliminate emissions from coal power generation by 2030.
Dale Nally, associate minister of Natural…