NV Energy postpones plans for coal plant in Nevada

Please read article, cited after the quote. Articles open in a new window.

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).”

http://uk.reuters.com/article/behindTheScenes/idUKTRE5187D020090209

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: