Wed, 5 Nov 2008|
The weekly power generation industry news from the floor of COAL-GEN in Louisville, KY.
Automatically Generated Transcript (may not be 100% accurate)
I -- David Wagner chief editor of power engineering magazine welcome to Louisville, Kentucky and colds and 2000 made. We're gonna take a couple of minutes today to tell you what's been going on a colds and and also bring you up to date with news that we've been following while the conference and exhibition has been going on. -- began on Tuesday with a tour of a coal fired power -- up the river from Louisville. Included not only the existing generating station but also a plant that's under construction. So on Tuesday it was -- golf tournament -- the quality of the play there was one more indication of why editors of magazines don't enjoying golf tournaments to play themselves. There was standing room only on Wednesday morning at -- and during the keynote session as the keynote session present there's. Told the audience that they need to be proactive in telling their story to the public in order to get a new base load capacity built. It has to be about. The economy. Costs jobs. How that impacts real people at the end of the line. It has to be about energy security in the ability to have reliable electricity. In this country and reliable sources of energy. To make electricity. And it has to be about commitment to the environment. And a policy that goes forward with -- All three sides -- that triangle. Will not work in my judgment from a business standpoint but absolutely will not be acceptable any public policy framework. But we are -- the Campbell -- folks. No one else will take this message. Unless we do. Conference sessions -- -- and this week with a webcast -- -- Steve Blankenship associate editor of power engineering magazine and myself conducted. One of them dealt with implications of the clean air interstate rule action that the federal courts took a month ago. You know I'm certain virus looks like the whole thing ends. -- Stevens. On the -- -- but. You know. As Carlson earlier this negotiated solution. That. A little bit of something like. Little business -- its. And I think that that is -- that bouncing it. Roll. Second webcast also moderated by Steve Blankenship a panel of seven experts discuss what it means to have a carbon capture ready power plant. If you weren't here in Louisville on the floor the exhibition hall to see this webcast you can take a look at it that the power engineering magazine website. Bottom line -- Comes down to it look you gotta be realistic about that it's all about finance ability of a project -- and I think the finance ability is going to be a key metric. That incorporates all those things above both the risk the financial and technology pieces of that. But just to say that you know at this point in time that we are -- is GE. To provide plants either now or in the future with carbon capture. And of course that. We see it again that the carbon capture readiness is we've specified stated in or US cap that were a member of -- -- founding member of that that is going to be an essential part of being able to continue called the. In other news that power engineering magazine has been following this week southern company's CEO David Radcliffe told CNBC. That you do -- utilities should plan to spend around one point five trillion dollars over the next twenty years. In new power plant transmission and infrastructure projects southern itself is in the midst of a nine point one billion dollar investment program. To install environmental controls and for system expansion projects. Carolina regulators denied a request by two environmental groups to block Duke Energy from starting work on a proposed nuclear power plant. In May the regulators said the duke could spend up to 230 million dollars through next year on pre construction work. Free news updates throughout the day visit power engineering magazine online at power today as you DA NG dot com while you're there sign up -- newsletters. And webcasts and also look for links to power -- international. Nuclear power international colds and then renewable energy world. For power engineering magazine I'm David Wagner and let's -- cauldron giveaway baby.