Coal Power Plants to be retired – Duke Energy Settles Edwardsport air permit Dispute

See on Scoop.itGreen & Sustainable News

Duke Energy Corp. said it reached a settlement with the a handful of environmental and activist organizations over outstanding issues with the.

Duane Tilden‘s insight:

>The Indiana Department of Environmental Management issued the new Knox County, Ind., plant’s air permits in 2008, and- -under the settlement with the Sierra Club, Citizens Action Coalition, Save the Valley and Valley Watch–they remain approved with no changes. The dispute centered on technical issues surrounding the permits that enabled the company to build and operate the plant, the company said.

The settlement also addresses deadlines for retiring units at Duke’s Wabash River Station in Vigo County, Ind. Prior to the settlement, the company had said it planned to retire four, 1950s-vintage units totaling 350 megawatts at the station by the 2015 federal mercury rule deadline. In the agreement, the company agreed to finish the retirements by the compliance deadline or, if the mercury rule is vacated or delayed, by June 1, 2018, whichever comes first.

Duke also had been exploring converting another unit at the Wabash station to natural gas, and, under the settlement, the company agreed to cease burning coal at that 318-megawatt unit by June 1, 2018. The deadline won’t prevent Duke Energy from converting the unit to natural gas earlier.

The settlement also includes a commitment to pursue additional green energy sources.<

See on www.nasdaq.com

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