The Tennessee Valley Authority (TVA) announced earlier today that it will be closing 8 coal-fired power plants. The TVA is one the country’s 5 biggest users of coal for electricity, these 8 plants creating 3,300 megawatts of electricity.
This move is a decision made by executives to try and reduce coal to 20% of its total generating capacity. Two plants in Kentucky will be closed even though Senator Mitch McConnell tried to convince them not to do so in order to save jobs.
Of course the Sierra Club was at the forefront of the battle to get these plants closed. They had a lawyer involved in the negotiations with TVA from the beginning. Obviously it doesn’t help anything that the EPA keeps putting stricter rules and regulations on coal powered plants.
Deciding to close these plants not only puts many people out of work, but now this source of electricity is gone for many people in the areas around the plants. The plants set for closure include 6 in Alabama and 2 in Kentucky. It will be interesting to see the repercussions of their decision to close all of these plants in favor of gas-fired plants.
The energy war will continue on with the EPA in President Obama’s hands.
Feds Pay Back Feds the Bailout Money from Feds and Feds Are Happy, But You Lose. Again | John Ransom