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

May 27, 2015 7436

VIDEO: Sparks Fly Over Hanson Rezoning Issue

by Tammy Holloway, SurfKY News
May 30, 2015 7217

Study of Virus Attack on Cancer Sees Success

by Julie Heflin
May 28, 2015 6571

Four Charged with Burglary for Entering Elderly…

by SurfKY News
May 27, 2015 4302

Midnight Ride on Rabbit Ridge Ends in Jail

by SurfKY News
May 27, 2015 3905

Crime Stoppers Top Most Wanted - May 27, 2015

by Crime Stoppers

Most Read This Month

May 15, 2015 11346

New Madisonville Business In Full Operation Soon

by Tammy Holloway, SurfKY News
May 23, 2015 9481

Missing 5-Year-Old Boy Found

by Doreen Dennis, SurfKY News

Stories Trending Now

June 01, 2015 1686

Authorities Discover Meth Lab While Assisting…

by SurfKY News
May 31, 2015 1648

Hopkins District Court Fines Handed Down

by SurfKY News
June 01, 2015 1431

Madisonville Police Arrest Reports Released -…

by SurfKY News
June 02, 2015 1417

Woman Charged with Falsely Reporting Kidnapping

by SurfKY News
June 02, 2015 1386

Two Muhlenberg Women Injured in Collision

by SurfKY News
June 02, 2015 1312

Traffic Signal at Intersection in Downtown…

by Keith Todd
June 02, 2015 1168

Juveniles Accused of Falsely Reporting Masked…

by Rita Dukes Smith, SurfKY News Director
June 01, 2015 1128

Human Relations Coordinator Identifies Possible…

by Tammy Holloway, SurfKY News
May 31, 2015 1127

Survivors, Caregivers, Supporters Gather for…

by Tammy Holloway, SurfKY News
June 02, 2015 1097

Hopkins County Misdemeanor Indictments

by SurfKY News