NV Energy postpones plans for coal plant in Nevada

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LOS ANGELES (Reuters) – NV Energy has postponed plans to build the 1,500-megawatt Ely Energy Center in Nevada due to environmental pressures and estimates that capturing coal-fired carbon emissions will not be feasible before 2020, company president and ceo Michael Yackira said.

In a telephone interview, Yackira said that even if the Ely Energy Center is postponed to 2020 or so, it does not mean that the plant has been canceled.

“We believe that it would be economically imprudent for our customers and our investors to go forward at this stage,” Yackira said. “We believe coal is an important resource for this country. We have more coal than any other resource (for electricity generation).”



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