Report- When, Not If: Bridgeport’s Future and the Closing of PSEG’s Coal Plant
When, Not If: Bridgeport’s Future and the Closing of PSEG’s Coal Plant (PDF) Presentation: When Not If_ Bridgeports Future and the Retirement of PSEG’s Coal Plant (PPT)
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Move to Close Loophole on U.S. Coal-Export Royalties; Prairie State Hires a New CEO; Wind-Energy Outlook
REUTERS HAS AN IMPORTANT SCOOP THIS MORNING on U.S. government preparations to close an accounting loophole that helps coal companies make tens of million of dollars in profits off federal coal leases at the expense of taxpayers. The article, by Patrick Rucker, chronicles a Reuters investigation into how coal companies “stood to pocket an additional […]
Bridgeport ‘Weighs Future’ of Its Coal Plant
The Connecticut Post is out today with an update on opposition to the coal-fired plant that provides electricity to Bridgeport, Conn. The City Council on Monday passed a non-binding resolution to shut the plant, owned by PSEG. Excerpts: – “One part of the resolution called on plant owner PSEG to ‘phase out the coal-fired electricity […]
Report claims that Bridgeport Harbor coal unit is uneconomic
By Barry Cassell, Generation Hub – Group says PSEG should look at retiring one of the last New England coal units “A new report cautions that Public Service Enterprise Group’s (NYSE: PEG) Bridgeport Harbor Unit 3 – the last coal-fired power facility in Connecticut and one of the few remaining such facilities in New England – […]
Future dim for Connecticut’s last coal-fired power plant
By Luther Turmelle, New Haven Register – BRIDGEPORT – “Connecticut’s last coal-fired power plant may not be around much longer if the projections of a Cleveland-based energy economics firm are correct…. Power generators in New England are required to notify ISO-New England if they wish to permanently shut down their plants, said Lacey Ryan, a […]
Report calls for shutting down coal plant
By Brian Lockhart, Connecticut Post – BRIDGEPORT – “The South End’s coal-fired electric plant — the last in the state and the city’s third-highest taxpayer — is belching cash along with smoke from its landmark candy-cane stack. That’s the conclusion of the nonprofit Institute for Energy Economics and Financial Analysis, which Wednesday released a report showing […]
Prepare for retirement of Conn. coal plant, report says
By Matthew Bandyk, SNL Financial – CHARLOTTESVILLE, VA- “The only coal-fired plant in Connecticut faces a “bleak” future, according to a Jan. 23 economic analysis that argues that Public Service Enterprise Group Inc.‘s Bridgeport Harbor 3 plant will not be financially viable under any realistic scenario and that state policymakers should prepare for its retirement. […]
Power Point : When, Not If: Bridgeport’s Future and the Retirement of PSEG’s Coal Plant
When, Not If: Bridgeport’s Future and the Retirement of PSEG’s Coal Plant, by David Schlissel and Cathy Kunkel, January 23, 2014
Press release: Connecticut’s last coal-fired power plant is in critical financial condition, community needs to plan for transition
Report Finds Handwriting May Already Be On the Wall for 45-Year-Old Coal Plant Whose Pre-Tax Earnings “Fell off the Cliff” in 2009 and Are Unlikely to Recover to the High Pre-2009 Levels; Lower Natural Gas Prices, Lower Energy Market Prices & Other Trends Too Much to Overcome. HARTFORD, CT– A new financial analysis report cautions […]
Report- When, Not If: Bridgeport’s Future and the Closing of PSEG’s Coal Plant
When, Not If: Bridgeport’s Future and the Closing of PSEG’s Coal Plant (PDF) Presentation: When Not If_ Bridgeports Future and the Retirement of PSEG’s Coal Plant (PPT)