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who wrote (
12/19/2011 10:17:08 AM
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One might have to step back and figure out what motives these energy company executives have. Primarily they are talking the position of their companies.
Of course the company execs are talking the position of their companies. However, all of them have substantial coal operations.
Here is a company with 83% of its generation from coal:
Gale Klappa, Chairman, CEO of Wisconsin Energy said:
"We really see very little impact on customer
electric rates or our capital plan between now and 2015 as a result of all the new EPA regulations that have been proposed…
So that gives you an example of how well we are positioned from the environmental standpoint in terms of complying with even the new proposed rule.” Wisconsin Energy 5/3/2011 Investor Meeting.
Companies with older plant will be hit harder than others. However, many of the older inefficient coal units would be taken out of service in any case even without the new regulations.
I don't understand why nuclear plant operators will benefit from this. They have the lowest marginal cost for power so would be online in any case.
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