BONNER R. COHEN
Bonner R. Cohen is a senior fellow with the National Center for Public Policy Research, a position…Read full bio
“One of the nation’s most efficient, clean-burning coal power plants will be shuttered in a few years because bringing it into compliance with the U.S. Environmental Protection Agency’s new carbon dioxide reduction rule would be too expensive. A similar fate awaits coal-fired power plants throughout the country.
Operated by the South Carolina Electric & Gas Co. (SCE&G), the 60 year old McMeekin Power Station has an undersized boiler that would normally put it at a competitive disadvantage versus more modern facilities. The secrets of its success include, the plant’s long history of rigorous maintenance and its proximity to Lake Murray, which provides McMeekin with 45-degree water year-round. Cold water from the lake’s bottom helps produce an excellent heat rate.
The EPA’s proposed “Clean Power Plan,” issued June 2, requires states to reduce power plants carbon dioxide emissions (CO2) 30 percent below 2005 levels by 2030. Reluctantly, SCE&G determined the investments required for McMeekin to comply with EPA’s mandate are not economically justified. Accordingly, the plant is set to close in 2019.”
Read the rest of this article from the source: http://news.heartland.org/newspaper-article/2014/09/16/epa-carbon-rule-dooms-efficient-coal-plant
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