tva paradise 300WESTERN KENTUCKY (11/14/13) — TVA will continue to burn coal at its Paradise Fossil Plant in Drakesboro, Ky. However, two coal-burning units at the facility will be retired.

A meeting of the board of directors Thursday, Nov. 14 in Oxford, Miss., concluded with the decision to keep Unit 3's coal-burning operation continuing at the Drakesboro plant.

After installing emission controls on Units 1 and 2 over the past few years, the board approved the construction of a gas-fired plant at Paradise. This will result in an investment of approximately $1 billion at the site. The two coal units will be retired when the gas plant is available.

The plan does not affect the FY 2014 budget, according to a press release issued by TVA Thursday after the meeting. The plan will move the entire TVA system toward a balance of 20 percent coal, 40 percent nuclear, 20 percent gas and 20 percent hyrdro. It also calls for renewable and energy efficiency.

TVA President and CEO Bill Johnson said the decisions are based on trends including tougher air emission requirements and a slower economy.

“This will support our focus on cleaner energy and bring additional, necessary balance into our portfolio for managing our current and projected load profile,” Johnson told the board.

“Over the past months, we considered a number of capacity studies, including TVA’s 2011 Integrated Resource Plan and associated financial and environmental analyses. We also looked hard at the effect on rates, our employees and any potential economic impact to local communities.”

The board approved a coal fleet plan that will retire eight coal units at three plant sites with more than 3,000 megawatts of combined generating capacity.

A number of these units were already idled or scheduled for idling and/or retirement based on an agreement with the Environmental Protection Agency.

The retirements also affect all five coal units at the Colbert Fossil Plant in Tuscumbia, Ala.; and, one of two operating coal units at Widows Creek Fossil Plant in Stevenson, Ala

U.S. Sen. Mitch McConnel released a statement just after the announcement taking the opportunity to denounce the Obama Administration's war on coal.

“It’s unnecessary and tragic that the Obama administration’s actions have forced utilities to discontinue coal operations at any of these units,” McConnell said. “I fought hard to prevent these changes and fortunately one of the units will continue to burn coal, saving hundreds of jobs. I’ll continue to fight wherever the administration’s anti-coal agenda threatens the livelihood of Kentuckians and I’ll fight to get the lost jobs back.”

SurfKY News
Rita Dukes Smith
SurfKY News Director

e-max.it: your social media marketing partner

LIKE SurfKY on Facebook - Click here to LIKE us now.

© Copyright 2015 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story on social media.

Posted on 2/2/14
3/13 - 16
1 DOW 17,683.58
-46.53 (-0.26%)    
2 S&P 2,068.76
-8.02 (-0.39%)    
3 NASDAQ 4,991.94
-17.27 (-0.34%)    
3/13 - 16

Most Read This Week

July 02, 2015 15374

Emergency Response Team on Scene of Standoff on…

by Doreen Dennis, SurfKY News
July 02, 2015 7948

Police: Stand Off Suspect in Critical Condition

by Doreen Dennis, SurfKY News
July 03, 2015 3957

KMA Reminds Motorists of New Kentucky Red Light…

by David Holt
July 01, 2015 3486

Police Seeking Public Help in Locating Subject…

by SurfKY News
July 01, 2015 3327

Crime Stoppers Top Most Wanted - July 2, 2015

by Crime Stoppers

Most Read This Month

June 24, 2015 45835

Western Kentucky, Southern Indiana's Largest…

by Doreen Dennis, SurfKY News
July 02, 2015 15374

Emergency Response Team on Scene of Standoff on…

by Doreen Dennis, SurfKY News

Stories Trending Now

July 06, 2015 2171

Man Accused of Choking Girlfriend, Threatening to…

by SurfKY News
July 05, 2015 1707

Hopkins County Traffic Advisory

by Keith Todd
July 06, 2015 977

Madisonville Police Arrest Reports Released -…

by SurfKY News
July 06, 2015 946

Driving on Suspended License, Alleged Fleeing…

by SurfKY News
July 06, 2015 628

KLC to Hold Free OSHA Training for West Kentucky

by Daniel Lowry
July 06, 2015 531

Two Vehicle Head on Collision Sends Two to Local…

by SurfKY News
July 06, 2015 470

City Launches New Website, Online Payment System

by Leslie Curneal
July 06, 2015 442

Swingin' for Sadie Scholarship Recipients

by Karen Robinson
July 06, 2015 438

Kentuckians Touched by Organ Donation Featured on…

by Karen McKnight
July 06, 2015 383

Pet of the Day

by Natalie Ostrander