Sentences with phrase «new power plant costs»

Not exact matches

NEW YORK, April 1 - FirstEnergy Corp said late on Saturday its nuclear and coal power plant units filed for bankruptcy court protection as the company looks to restructure, sell assets and win government support to cope with competitors using lower - cost natural gas.

OTTAWA — The federal Liberal government says its new regulations to phase out power plants fired by coal and natural gas will cost more than $ 2.2 billion, but potentially save the country billions more in reduced health care costs.

To drive down energy costs for businesses and families, we've focused on inexpensive and cleaner - burning natural gas, and last month, Calpine Corporation broke ground on a new power plant in Dover that is expected to serve about a quarter of a million homes.

While the new President can certainly help reduce industry costs by, among other things, canceling Obama's Clean Energy Plan, which would force power plants to capture more greenhouse gases, it is not clear if this will be enough.

In the middle third of the U.S., wind farms have an all - in cost that is less than a third that of a new natural gas - fired plant, and wind power is also well below the cost of power from large - scale solar farms.»

Southern has struggled over the past few years with cost over runs from the construction of two new nuclear power plants (Vogle and Kemper).

Within a few months it took a 30 % + plunge due to cost overruns on its new Nuclear Power Plant project and than abandonment due to the bankruptcy of Westinghouse.

A plan to offer a $ 7.6 billion subsidy to the company controlling most of New York's nuclear power plants will cost the City Of Buffalo about $ 3.35 million in added utility costs, according to a new analysis by the Alliance for a Green EconoNew York's nuclear power plants will cost the City Of Buffalo about $ 3.35 million in added utility costs, according to a new analysis by the Alliance for a Green Econonew analysis by the Alliance for a Green Economy.

The agreement allowed CPV to buy lower - cost credits in New York for the unnamed New Jersey power plant, prosecutors say.

After last year's announcement that Indian Point, which provides 25 percent of New York City and Westchester's electrical power, will start to close in 2020 and close entirely in 2021, Gov. Andrew Cuomo promised that «the state is fully prepared to replace the power generated by the plant at a negligible cost to ratepayers.»

The Governor outlined his vision for the Energy Highway in his 2012 State of the State Address, calling for «a private - sector funded $ 2 billion «Energy Highway» system that will tap into the generation capacity and renewable energy potential in Upstate and Western NY to bring low - cost power to meet the tremendous energy needs in Downstate New York» and for the repowering of old and dirty plants to stop pollution in urban neighborhoods.

A new report from Citigroup argues that solar panel installations will surpass expectations as its cost falls below that of the most expensive gas - fired power plants

People initially thought it would require developing and installing new scrubbers at power plants at a cost of billions of dollars.

«The bad news is [that] it increases the cost of power roughly 60 to 70 percent for a new plant and probably by more than double for an existing plant,» says L. Doug Carter, senior energy advisor at Washington, D.C. — based law firm Van Ness Feldman.

Compared with other strategies — efficient appliances, upgraded power plants, new grid technology — it has cost them next to nothing.

The Department of Energy estimated in May 2007 that a new power plant burning pulverized coal and equipped with amine scrubbers to capture 90 percent of the CO2 would make electricity at a cost of more than $ 114 per megawatt - hour (compared with just $ 63 per MWh without CO2 capture).

More than 100 gigawatts of geothermal power (one tenth of the current U.S. electrical generation) could be developed for $ 1 billion during the next 40 years — at the full cost of one carbon - capturing coal - fired power plant or one - third the cost of a new nuclear generator.

With these homes making their own electricity, utilities lose their most lucrative customers and confront a dwindling base over which to spread big infrastructure costs, like building new power plants or maintaining the grid.

Read previous Green machine columns: Wave power line jacks into the grid, Fighting the efficiency fallacies, Don't burn plant waste, bury it, Plug - free electric cars» hidden cost, Aircon that doesn't warm the planet, A new push for pond scum power, The dream of green cars meets reality, Tackling the plastic menace, Bacteria will keep CO2 safely buried, Recycled batteries boost electric cars.

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The new study finds that as much as 37 % of global investment in coal power plants over the next 40 years could be stranded if action is delayed, with China and India bearing most of these costs.

It's less costly to get electricity from wind turbines and solar panels than coal - fired power plants when climate change costs and other health impacts are factored in, according to a new study published in Springer's Journal of Environmental Studies and Sciences.

A feature that several of the new product designs share is that the power plants could be mass - produced in a factory to minimize cost, using robots to ensure consistency.

Well before the first 20 - year relicensing period ends, power plant owners will have to know what new components and equipment upgrades will be required to extend the lives of current reactors to 80 years, and how high the costs and regulatory hurdles will be, before deciding whether to take that route or decommission the plants and shutter them, industry officials say.

«The relative cost of new energy is lower and lower because fossil fuel is more and more expensive,» explained Lu Jinxiang, CEO of A-Power, a Chinese builder of power plants, during a visit to the company's Shenyang wind turbine factory.

As many as 115,000 people die in India each year from coal - fired power plant pollution, costing the country about $ 4.6 billion, according to a groundbreaking new study released today.

Energy analyses in Eastern Europe have repeatedly found that improved energy efficiency would be more cost - effective than new power plants.

A new design of algae - powered fuel cells that is five times more efficient than existing plant and algal models, as well as being potentially more cost - effective to produce and practical to use, has been developed by researchers at the University of Cambridge.

It noted the high cost of upgrading the reactor to meet new safety standards introduced following the March 2011 accident at the Fukushima Daiichi nuclear power plant.

But individual actions can only go so far, and the new research provides an accounting of the costs policymakers should consider when tackling air pollution from the closing of heavy polluting power plants to policies designed to mitigate traffic.

Southern has struggled over the past few years with cost over runs from the construction of two new nuclear power plants (Vogle and Kemper).

Within a few months it took a 30 % + plunge due to cost overruns on its new Nuclear Power Plant project and than abandonment due to the bankruptcy of Westinghouse.

I myself have been accused of being a paid shill for the coal industry, because I argued that rapidly deploying solar and wind energy technologies, along with efficiency and smart grid technologies, is a much faster and much more cost effective way of reducing GHG emissions from electricity generation than building new nuclear power plants.

For a small fraction of the cost I could eliminate more greenhouse gas by converting the large Four Corners, coal - fired electric power plant in New Mexico to natural gas.

Located just 38 miles north of New York City, should the 2 GW power plant have an accident on the scale of that which took out the Fukushima plant in Japan, other new analysis by NRDC shows that it would be 10 - 100 times more costly — Fukushima is estimated to cost at least $ 60 billion to clean up — requiring the evacuation of millions, should a fallout plume extend southwarNew York City, should the 2 GW power plant have an accident on the scale of that which took out the Fukushima plant in Japan, other new analysis by NRDC shows that it would be 10 - 100 times more costly — Fukushima is estimated to cost at least $ 60 billion to clean up — requiring the evacuation of millions, should a fallout plume extend southwarnew analysis by NRDC shows that it would be 10 - 100 times more costly — Fukushima is estimated to cost at least $ 60 billion to clean up — requiring the evacuation of millions, should a fallout plume extend southwards.

Such co-production systems, when considered as power generators, can provide decarbonized electricity at lower costs than is feasible with new stand - alone fossil fuel power plants under a wide range of conditions, according to the study by Liu et al. published in the ACS journal Energy & Fuels.

«The study seems an outlier in saying that when «all known costs» are considered, the average U.S. cost of producing electricity from established coal - fired plants is far less than new wind - power generation,»

So, the nuclear solution is two decades away, and then they will risk being more expensive than alternative which will reduce costs in the four decades between now and when new nuclear power plants will still have two decades of debt service on labor costs for building nuclear two to three decades earlier.

«The study seems an outlier in saying that when «all known costs» are considered, the average U.S. cost of producing electricity from established coal - fired plants is far less than new wind - power generation,» PolitiFact found.

Finishing the reactors would be more expensive than building new gas - fired power plants, but averaged over the 60 - year service life, the costs will be right in line with renewables, about $ 60 to $ 80 per MWh — except nuclear produces reliably, where wind energy is fundamentally unreliable and chaotic.

Due to the high cost of capturing, transporting, and sequestering carbon dioxide, EPA expects that any new coal fired power plants built in the foreseeable future will defray the costs of CCS by selling its carbon dioxide to oil companies, which can use the gas to help extract oil by displacing liquid fuels deep underground, in a process known as CO2 enhanced oil recovery (or CO2 - EOR).

Nuclear defenders are calling for keeping things in perspective — fossil fuels, they point out, have many more costs and risks associated with them than nuclear power; and newer generation reactor designs are far safer than those built in Japan many decades ago (a number of US plants from the same era have the same or similar designs).

Digitally enabled demand response is often a more cost - effective and climate - friendly measure facilitating the integration of variable renewables than building new power plants or electricity storage.

As talk of building new power plants rises sharply, so does the cost.

With power industry restructuring in the 1990s, the construction of new power plants was dominated by independent power producers who favored natural gas generation due to short construction times and low capital costs.

California, in particular, is saying «no» to new gas - fired plants and even considering closing existing gas plants despite their ability to supply reliable power at low cost and back - up intermittent wind and solar plants.

We Need to Think Big: Seven years ago, GMC opened a new combined heat and power biomass plant costing $ 5.8 m.

In addition to its low cost, energy efficiency can provide new energy resources in much less time than it takes to build a new power plant.

A result of demand in China and India, he said, is that «Duke and others want to build a new power plant based on inexpensive coal, but the capital cost to build that plant is doubling before they even put a shovel in the ground.»

A version of this article appears in print on, on Page C1 of the New York edition with the headline: Costs Surge For Building Power Plants.