POV: Power Breakfast

Power Breakfast for May 26, 2015

Texas House votes to keep grid connection decisions in state; EPA reg will raise rates, double coal plant closures, report says; Clean-coal plant loses backer

POV: Power Breakfast

A nearly daily round-up of news for your consideration:

  • The Texas House has approved a bill that would give state regulators final say on new connections to the state’s power grid. The Texas Tribune reports the Federal Energy Regulatory Commission currently has that authority, but some state lawmakers say Texas should make those decisions, which could impact prices and reliability.
  • A new report concludes the Environmental Protection Agency’s Clean Power Plan “will, by 2020, cause electricity prices to go up by 4.9% and drive more than double the amount of coal-fired electricity to go offline than what EIA predicts would occur without the rule,” The Wall Street Journal writes.
  • A Mississippi utility has backed out its commitment to buy a 15 percent stake in the Kemper clean-coal project citing construction delays that may raise electricity rates for the state’s power customers, according to The Wall Street Journal. “The plant is designed to take coal mined locally and convert it into a flammable gas which can be burned to make electricity. Most carbon dioxide created in the process will be captured, so the plant is billed as clean coal.”
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