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Press Release, David Schlissel and Dennis Wamsted
Study details lack of economic feasibility around North American initiatives; costly and/or failed efforts at Duke’s Edwardsport, NRG’s Petra Nova, SaskPower’s Boundary Dam, and Southern Co.’s Kemper plant; technology seen as unworkable and too expensive for fast-changing electricity-generation markets
Nov. 19, 2018 (IEEFA) — A study published today by the Institute for Energy Economics and Financial Analysis concludes that costly efforts undertaken in North America to develop workable, economic technology to capture carbon from coal-fired generation have come up short. Further, the study concludes that technology developments in the renewable energy and natural gas sectors […]
IEEFA
Założenia dotyczące planowanej elektrowni w technologii zgazowania węgla w Łęcznej są „nierealistyczne” i mogą skończyć się wyższymi kosztami energii oraz wyższymi emisjami CO2.
Planowana elektrownia w technologii zgazowania węgla (ang. integrated gasification combined cycle, IGCC) w Łęcznej będzie droga w budowie, a jeżeli powstanie grożą jej poważne kłopoty eksploatacyjne. To konkluzje z opublikowanego dzisiaj raportu amerykańskiej organizacji IEEFA. Ekonomiści oparli swoje wnioski na doświadczeniach podobnych elektrowni funkcjonujących w USA. Raport „Projekt IGCC w Łęcznej: spodziewane wysokie koszty i […]
Press Release, David Schlissel and Gerard Wynn
ENEA’s projections for Łęczna IGCC are ‘unrealistic’ and would result in higher-priced electricity and emissions than acknowledged
Sept. 26, 2018 (IEEFA) — A proposed gasified-coal-fired power project at Łęczna in Poland risks high build costs and unreliable operation, given real-world experience of similar technology in the United States, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report—“Łęczna IGCC Project: High Costs and Unreliable Operations Can […]
David Schlissel
A multibillion-dollar hit to Indiana ratepayers
Duke Energy’s 5-year-old gasified coal power experiment in Edwardsport, Ind., has turned out to be a catastrophe for ratepayers. That’s the main conclusion of the testimony I submitted yesterday to the Indiana Utility Regulatory Commission on the plant, which was sold at the outset as a cost-effective integrated gasification combined cycle (IGCC) project that burns […]
Press Release and David Schlissel
‘Important and Painful Lessons’ in Southern Company’s Kemper Failure in Mississippi and Duke Energy’s Edwardsport Experiment in Indiana
Sept. 7, 2017 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis (IEEFA) today published a report describing how coal-to-gasification technology for electricity-generation purposes remains commercially unviable. The report—“Using Coal Gasification to Generate Electricity: A Multibillion-Dollar Failure”—concludes that two long-running marquee American Integrated Gasification Combined Cycle (IGCC), projects, Duke Energy’s Edwardsport plant in Indiana […]
David Schlissel
Red Flags Ignored in Long Run-up to Power Plant Debacle
Call it what you will: fiasco, debacle, calamity, misadventure. But not a surprise. Georgia-based Southern Company and its regulators in Mississippi were warned years ago that the experimental and now infamous “clean coal” Kemper power plant project was a shot in the dark. They kept at it anyway, pushing the price tag to $7.5 billion, […]
IEEFA
The Australian: If the full-throated generation of hot air went to powering turbines, the present debate over Australia’s energy future would be moot. Instead, on it roars, with politics continuing to trump good policy. New energy infrastructure is expensive and since most deals involve one if not all of Australia’s big four, banks have a […]
IEEFA report: ‘Holy Grail’ of carbon capture continues to elude coal industry; ‘cautionary tale’ applies to domestic and foreign projects alike
Study details lack of economic feasibility around North American initiatives; costly and/or failed efforts at Duke’s Edwardsport, NRG’s Petra Nova, SaskPower’s Boundary Dam, and Southern Co.’s Kemper plant; technology seen as unworkable and too expensive for fast-changing electricity-generation marketsNov. 19, 2018 (IEEFA) — A study published today by the Institute for Energy Economics and Financial Analysis concludes that costly efforts undertaken in North America to develop workable, economic technology to capture carbon from coal-fired generation have come up short. Further, the study concludes that technology developments in the renewable energy and natural gas sectors […]