May 9, 2018 Read More →

Buyers Give Hope to Navajo

The World (BBC/PRI):

Nationally, energy investors see the Navajo Generating Station as a kind of crystal ball, and they’re looking for a signal on how coal is going to fare in the future.

Energy analyst David Schlissel said there are to key questions:

“Financial viability, whether they can make a profit and what kind of subsidies wll the federal and state governments give them?”

Schlissel estimates the plant will need at least a billion dollars to keep operating.

So the question is really whether political will will outweigh the economics of coal in this pretty high-profile case.

Buyers Give Hope to Navajo

Posted in: IEEFA In the News

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