Norborne Baseload Plant

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{{#badges: CoalSwarm}} The Associated Electric Cooperative, Inc. was a proposed a 660 megawatt (MW) merchant utility coal plant.[1]

A draft Environmental Impact Statement was released in 2007.[2]

A public hearing held on Nov. 13, 2007, saw numerous groups expressing opposition to the plant.[3]

On March 3, 2008, Associated Electric Cooperative announced that it was placing plans for the plant on hold. A company press release cited three factors for the decision:

  • "The Norborne project costs have significantly increased in less than three years and are now estimated at $2 billion due to worldwide demand for engineering, skilled labor, equipment and materials."
  • "The U.S. Department of Agriculture Rural Utilities Service, a traditional funding source for rural electric cooperatives, is currently unable to finance baseload generation for cooperatives. Although AECI’s AA credit rating is one of the strongest ratings among all electric utilities nationally, seeking private lending would further increase project costs."
  • "There also is increasing uncertainty in the regulatory environment, and Congress continues to debate the environmental and economic impact of reducing greenhouse gas emissions, making the cost of reducing carbon dioxide from power plants unknown."[4]

The coop plans to pursue a combination of efficiency measures, wind power, and nuclear power.[5]

Project Details

Sponsor: Associated Electric Cooperative
Location: Norborne, Carroll County, MO
Capacity: 660 MW
Type: Supercritical pulverized coal
Projected in service: 2012/2013
Status: Cancelled

Financing

Citizen Groups

Resources

References

  1. ↑ History - Issues, Concerned Citizens of Carroll County, accessed January 2008.
  2. ↑ Environmental Impact Statement, EIS Executive Summary, July 2007. (Pdf)
  3. ↑ "Missouri Can Do Better Than Coal", Missouri Sierra Club press release, November 13, 2007.
  4. ↑ "AECI suspends plans to build Norborne power plant" press release, March 3, 2008.
  5. ↑ "AECI suspends plans to build Norborne power plant" press release, March 3, 2008.

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