Tuesday, April 4, 2017

Hey Donnie and Mitch, Think Coal is Coming Back for Electrical Generation - Think Again

It Ain't Happening, Not Now, Not Ever

The growth of natural gas to power electrical generating plants is becoming so dominant that non-utility companies are building their own generators to sell to utilities.  In North Carolina the investment is huge, just HUGE.

"NTE Energy will start construction late this year on its second natural gas merchant plant in North Carolina, the 500-megawatt Reidsville Energy Center.
Michael Green, NTE’s senior vice president for development in the Carolinas, says the company is in negotiations with local cooperatives and municipal utilities for long-term power purchase agreements."

NTE Energy's Kings Mountain Energy Center is about half finished and slated to begin commercial operation in fall of 2018.
NTE's Kings Mountain Natural Gas Generator Plant, About Half Done

No Coal in Site, Never Will Be

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