Post by fr8kar on Mar 23, 2019 18:04:42 GMT -8
It appears so:
Navajo Nation votes to end efforts to purchase coal-fired power plant, sealing its fate
www.azcentral.com/story/money/business/energy/2019/03/22/navajo-nation-ends-bid-buy-navajo-generating-station-coal-power-plant/3246913002/
From Wikipedia:
Also from Wikipedia:
en.m.wikipedia.org/wiki/Navajo_Generating_Station
Navajo Nation votes to end efforts to purchase coal-fired power plant, sealing its fate
www.azcentral.com/story/money/business/energy/2019/03/22/navajo-nation-ends-bid-buy-navajo-generating-station-coal-power-plant/3246913002/
The last lifeline for the Navajo Generating Station coal-fired power plant near Page was cut Thursday night when Navajo lawmakers voted to end their efforts to acquire the plant and keep it running.
The utilities that co-own the plant — Salt River Project, Arizona Public Service Co., Tucson Electric Power and NV Energy — decided in 2017 to close it this December because it was no longer running economically.
After failing to find any other utility willing to buy the plant, the mining company that supplies it with coal and the Navajo and Hopi tribes had hoped that a Navajo enterprise called the Navajo Transitional Energy Co. would take over operations.
But that won't happen. A committee of Navajo Nation Council delegates voted 11-9 to end their pursuit Thursday.
The utilities that co-own the plant — Salt River Project, Arizona Public Service Co., Tucson Electric Power and NV Energy — decided in 2017 to close it this December because it was no longer running economically.
After failing to find any other utility willing to buy the plant, the mining company that supplies it with coal and the Navajo and Hopi tribes had hoped that a Navajo enterprise called the Navajo Transitional Energy Co. would take over operations.
But that won't happen. A committee of Navajo Nation Council delegates voted 11-9 to end their pursuit Thursday.
From Wikipedia:
The plant consumes about 8 million tons of low sulfur bituminous coal each year, supplied by Peabody Energy's Kayenta mine near Kayenta, Arizona. The coal is hauled 75 miles from mine silos to the plant by the BM&LP electric railroad that is owned and operated by the plant.
Also from Wikipedia:
After the rise of shale gas in the United States, natural gas power prices ($32/MWh) fell under the cost of coal power for NGS ($38/MWh), and NGS production decreased.[14][3][15][16] The owners require a potential new owner (such as the Navajo Nation) to assume responsibility of future cleanups.
en.m.wikipedia.org/wiki/Navajo_Generating_Station
