Subj : Re: Coal miners ask Obama to stop 'absolute lies' To : All From : me@privacy.net Date : Thu Jan 31 2019 19:20:08 Path: eternal-september.org!reader01.eternal-september.org!reader02.eternal-september ..org!news.eternal-september.org!news.eternal-september.org!mx04.eternal-septemb er.org!mx04.eternal-september.org!.POSTED!not-for-mail From: "NotMe" Newsgroups: az.politics,dfw.politics,ca.politics,austin.politics,misc.survivalism,guns.talk ..politics Subject: Re: Coal miners ask Obama to stop 'absolute lies' Date: Sun, 21 Oct 2012 20:05:14 -0500 Organization: A noiseless patient Spider Lines: 70 Message-ID: References: Injection-Date: Mon, 22 Oct 2012 01:05:37 +0000 (UTC) Injection-Info: mx04.eternal-september.org; posting-host="f064422f7f1bd94486bc25d13e0efbd8"; logging-data="11688"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX18iLEMkZOwa2HJxMuPRq9JWAWIggWUpC9A=" Keywords: X-No-Archive: Yes © 2012 all rights reserved; no portion of this post may be used anywhere else or archived without written permission X-MimeOLE: Produced By Microsoft MimeOLE V6.00.2900.6157 X-RFC2646: Format=Flowed; Original X-Newsreader: Microsoft Outlook Express 6.00.2900.5931 Cancel-Lock: sha1:Hv7VnWRo/qB4X3yBhiYK14aSoOI= X-Priority: 3 X-MSMail-Priority: Normal Xref: news.eternal-september.org az.politics:2642 dfw.politics:326 ca.politics:6286 austin.politics:71 misc.survivalism:23380 "private sector's doing 'fine'" wrote in message news:k61hcp$3fs$61@dont-email.me... > On 10/20/2012 5:01 PM, NotMe wrote: >> Recall the big dust up claiming the EPA was causing coal fired power >> plants >> to close? > > Yes. > > They have. > > http://thehill.com/blogs/e2-wire/e2-wire/165651-aep-epa-regs-will-cost-billions -and-result-in-five-closed-plants > > Utility giant American Electric Power said Thursday that it will shut down > five coal-fired power plants and spend billions of dollars to comply with > a series of pending Environmental Protection Agency regulations. http://www.dallasnews.com/business/energy/20120821-court-overturns-epa-rule-lim iting-pollution-from-coal-fired-plants-that-crosses-state-lines.ece http://www.dallasnews.com/business/energy/20120522-texas-electrical-grid-operat or-warns-of-shortages-in-coming-decade.ece Natural gas prices Power companies have been slow to invest in new plants in Texas the last few years because natural gas prices are low. Natural gas markets tend to set wholesale power prices in Texas' deregulated market. Unless investors can expect to sell electricity at prices high enough to profit, they aren't likely to build. Some plant operators make money by firing up old plants on hot summer days when customers demand the most electricity. Wholesale prices spike when demand soars. The Public Utility Commission is considering boosting the wholesale price cap from $3,000 per megawatt-hour to $4,500 as an incentive to get more plants online when Texans need them most. Typically, the price spikes up to the cap for only a few hours in a year. The average family uses about 1 megawatt-hour of electricity per month. Texas hired the Brattle Group consultants to study options for keeping the power on. That study is due June 1. Observers anticipate an ensuing discussion about adding a so-called capacity market to the ERCOT wholesale market. Rather than trade electricity, companies could trade future capacity as a carrot to build plants. Past discussions at ERCOT of a capacity market always concluded that the current energy-only market keeps electricity prices lower. Energy Future Holdings chief executive John Young said during recent a conference call that he expects the study will call for a mechanism to add reliability pricing to the market. "There is a cost of reliability," Young said. "How do you want to price it?" Basically the power industy and politicians made claims that the EPA rules would prevent the operation of the coal fired plants. EPA lost and the industy likewise lost the alibi that the EPA was the hold up. In the end the industy had to concede that the problem was not the EPA but that NG was so much cheaper that coal could not compete. --- Platinum Xpress/Win/WINServer v3.1 * Origin: Prison Board BBS Mesquite Tx //telnet.RDFIG.NET www. (1:124/5013) .