Paducah Power System

IEEFA Research

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus (pdf) By David Schlissel, Director of Resource Planning Analysis, Institute for Energy Economics and Financial Analysis

February 24, 2015 Read More →
Memo: Analysis of Paducah Power System’s Recent and Future Cost of Power from the Prairie State Energy Campus

Memo: Analysis of Paducah Power System’s Recent and Future Cost of Power from the Prairie State Energy Campus

Memo: Analysis of Paducah Power System’s Recent and Future Costs of Power from the Prairie State Energy Campus By David Schlissel, IEEFA Director of Resource Planning Analysis

October 28, 2014 Read More →
Report- The Prairie State Coal Plant: The Reality vs. the Promise

Report- The Prairie State Coal Plant: The Reality vs. the Promise

Report- The Prairie State Coal Plant: The Reality vs. the Promise (pdf).

August 29, 2012 Read More →

More News and Commentary

Deal Gone Bad Hits Dozens of Midwest Cities

‘Bad Bet Traps Paducah in Coal-Fired Nightmare’ is the headline this morning over a blockbuster story in the Louisville Courier Journal that examines how Peabody Coal left the city on the hook for an expensive, underperforming electricity plant. The article, by Jim Bruggers, is perhaps the most comprehensive to date on thePaducah Power System debacle, which […]

February 13, 2015 Read More →

AP: Ratepayers Feel ‘Duped’ by AMP/Peabody Coal Deal

“Towns across the Midwest” are challenging the notion that they are locked into a costly long-term electricity deal with Prairie State Energy Campus, the southern Illinois coal-fired plant that has proven both expensive and unreliable. In an article published nationally today, the Associated Press notes that dozens of municipalities through the American Municipal Power cooperative […]

February 8, 2015 Read More →

Editorial Righteousness Is Alive and Well in West Kentucky

Newspapers by now were supposed to have become the dodo birds of the new-media environment, extinguished by a cruel and changing world in which they could never compete. The prophecy hasn’t quite come true. Granted, a sad number of local papers of note have been felled by the advance of digital publishing and the concomitant […]

January 14, 2015 Read More →
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There’s a Better Way Out of This Mess Than What Paducah Power Proposes

By Tom Sanzillo and David Schlissel —  The recent plan proposed by Paducah Power System to reduce high electricity costs for residents and businesses will neither bring rates down to a manageable level nor stabilize the utility’s finances. The good news: There’s a better way forward. To see through the bad offer on the table, […]

WSJ: Growing Resistance to Big Fossil-Fuel Projects; More Calls for Coal-Lease Reform; Paducah Power Stays the Course

THE WALL STREET JOURNAL TAKES PROMINENT NOTE THIS WEEK OF THE MOUNTING COSTS ASSOCIATED WITH POPULAR OPPOSITION to large new oil and gas projects in North America. The article, by Amy Harder, points out that the Keystone XL pipeline, once received as a jobs-creation investment, has become a touchstone of grassroots resistance that has risen […]

December 11, 2014 Read More →
Paducah Charade; Coal’s Shrinking Case for Exports; Australian Mine Falters

Paducah Charade; Coal’s Shrinking Case for Exports; Australian Mine Falters

CONFLICT OF INTEREST APPEARS TO BE AT THE HEART OF A DECISION BY PADUCAH  POWER SYSTEM not to declare bankruptcy, the Paducah Sun says in a searing editorial published this morning. The editorial voices deep skepticism that the no-bankruptcy decision was reached in unbiased fashion because PPS got its recent “expert” advice on it from […]

December 5, 2014 Read More →
More Hurdles for U.S. Coal Producers; Additional Detail From Paducah; Massey Indictment

More Hurdles for U.S. Coal Producers; Additional Detail From Paducah; Massey Indictment

THE EMISSIONS-CONTROL AGREEMENT SIGNED THIS WEEK BY THE U.S. AND CHINA stands to affect ambitious plans coal producers have in place for building export-driven operations in the Powder River Basin of  Montana and Wyoming. Darren Epps of SNL describes the ramifications in a piece this week that notes how the deal could drive coal prices […]

November 14, 2014 Read More →
Beyond Solyndra; No Relief in Paducah; Olives or Coal?

Beyond Solyndra; No Relief in Paducah; Olives or Coal?

THE U.S. DEPARTMENT OF ENERGY IS TURNING A PROFIT TODAY ON A CLEAN-ENERGY LOAN PROGRAM that was under political duress three years ago from the scandal surrounding the solar-panel company Solyndra. NPR this morning has a detailed piece describing how the program is working to strong effect now. A key passage: “The agency has loaned […]

November 13, 2014 Read More →

In Paducah, More Discontent, and a Ratings Watch; Skepticism in Australia; Indian Solar Cheaper Than Coal

FITCH RATINGS HAS PLACED PADUCAH POWER SYSTEM (PPS) on a ratings watch for its “constrained financial position” and “charged operating environment,” factors the agency says  “could limit the system’s return to stability.” “An October 2014 rate freeze that remains in effect exacerbates PPS’s financial challenges,” says a note published by Fitch on Monday afternoon. It […]

November 11, 2014 Read More →
‘Prairie State Is the Titanic’; New England Renewables; Powder River Basin Doubts

‘Prairie State Is the Titanic’; New England Renewables; Powder River Basin Doubts

THE PADUCAH POWER SYSTEM WILL OPEN ITS RECORDS around how it came to agree to its expensive long-term deal with Prairie State Energy Campus, the Paducah Sun reports this morning. An article by David Zoeller on a Thursday meeting of the PPS paints a picture of a city growing increasingly impatient and an electricity board […]

November 7, 2014 Read More →