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
3/13 - 16

Most Read This Week

August 24, 2015 11094

Teen Reports Slasher Attempted to Attack Him on…

by Doreen Dennis, SurfKY News
August 24, 2015 6141

Alleged Burglar Calls 911 to Report Fire

by SurfKY News
August 24, 2015 5069

UPDATE: Four Dead, Two Survive Boating Accident

by SurfKY News
August 27, 2015 4608

All is Well after MNHHS Lockdown

by Doreen Dennis, SurfKY News
August 24, 2015 4296

MPD Coducting Sobriety Checkpoints

by SurfKY News

Most Read This Month

August 06, 2015 16267

Muhlenberg Woman Reportedly Suffers Violent…

by SurfKY News
August 24, 2015 11094

Teen Reports Slasher Attempted to Attack Him on…

by Doreen Dennis, SurfKY News

Stories Trending Now

August 30, 2015 2096

UPDATED: 'He Fought the Law ... but, the Law Won'

by Doreen Dennis, SurfKY News
August 29, 2015 1261

UK Part of First Study on Marijuana Compound…

by SurfKY News
August 29, 2015 1152

Happenings, Meetings Listed for Following Week

by Tammy Holloway, SurfKY News
August 29, 2015 1070

All Occasions Formals to Host Celebration to…

by Rita Dukes Smith, SurfKY News Director
August 29, 2015 928

Kentucky State Park Camping Deal Offered in…

by SurfKY News
August 29, 2015 889

UK Student Gaming System to Support Learning for…

by SurfKY News
August 29, 2015 764

Police Searching for Suspect for Attempted ATM…

by SurfKY News
August 29, 2015 460

Keeping the Faith - 'The Wisdom to Wait'

by SurfKY News
August 29, 2015 411

Hooked on Science - 'Inertia Antenna'

by SurfKY News
August 30, 2015 338

Dave Says - Aug. 30, 2015

by SurfKY News