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

SDG&E Wants More Money From Customers Who Don’t Buy Much Electricity. A Lot More.

SAN DIEGO - The utility San Diego Gas & Energy has an aggressive proposal pending before the California Public Utilities Commission: It wants to charge most residential customers a minimum bill of $38.40 each month, regardless of how much energy they use. The costs of this policy would hit low-income customers and those who generate their own energy with rooftop solar. We’re urging the Commission to oppose this flawed plan—and we need your help.

SDG&E’s proposal is bad news for sustainable energy. About half of the customers whose bills would go up under this proposal have rooftop solar. The policy would…

READ MORE
Europe is producing all-time highs of wind and solar energy

Europeans push back from Russian oil and gas

READ MORE

commercial take out sign

Ontario unveils new tax breaks, subsidized hydro plan to spur economic recovery from COVID-19

READ MORE

Newfoundland and Labrador Premier Dwight Ball

N.L. premier says Muskrat Falls costs are too great for optimism about benefits

READ MORE

German renewables deliver more electricity than coal and nuclear power for the first time

READ MORE