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Tom Sanzillo and David Schlissel
A Solution That Requires All Parties to Contribute and That Allows an Honest Assessment of the Plant’s Viability … For most of the history of the more than 200 towns and cities tied today to the failing Prairie State Energy Campus, households and businesses were charged reasonable rates for the electricity they used. That all […]
Sandy Buchanan
An Ill-Conceived Power Plant Sapping the Economic Vigor of Communities Far and Wide … Imagine, if you will, the small-business pillars of a town shutting their doors suddenly because they can’t pay their bills. Households having to choose between paying their heating bills and buying groceries. Bigger businesses, universities and hospitals being forced to cut […]
Tom Sanzillo
‘Annual Per Ton Operating Costs of the Mine Remain Higher Than Those Originally Assumed …’ Among the many claims made to dozens of communities across the Midwest and South to induce them to sign onto the Prairie State Energy Campus deal was that it would be supplied by cheap coal from a mine across the […]
David Schlissel
The Plant Doesn’t Run Like Its Creators said it Would, and Its Electricity Is Overpriced Prairie State Energy Campus failed in 2014 — as it failed in 2012 and 2013 — to provide the reliable, low-cost electricity that Peabody Energy, American Municipal Power, and its other promoters promised when they persuaded more than 200 communities […]
David Schlissel
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
IEEFA
‘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 […]
IEEFA
“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 […]
IEEFA
No Evidence of a Turnaround at Prairie State (pdf) By David Schlissel, Director of Resource Planning Analysis
IEEFA
WPSD Local 6: Your news, weather, and sports authority By Robert Bradfield, WPSD News Channel 6- PADUCAH- “The Prairie State Power Plant in southern Illinois was a poor investment for Paducah Power, according to a 32 page report from the Institute for Energy Economics and Financial Analysis. The report says the promises of a low […]
IEEFA
By Andrew Denney, Columbia Daily Tribune – COLUMBIA, MO – “The Prairie State Energy Campus in southern Illinois, one of the coal-fired plants from which the Columbia Water and Light Department buys energy, was damaged over this past weekend when a rupture disk for a pressure release system blew off and knocked a large hole […]
The Truth About Prairie State Energy Campus (Part 4): There Are Ways Out of This Bad Deal
A Solution That Requires All Parties to Contribute and That Allows an Honest Assessment of the Plant’s Viability … For most of the history of the more than 200 towns and cities tied today to the failing Prairie State Energy Campus, households and businesses were charged reasonable rates for the electricity they used. That all […]