At the present time there are no proven, commercially available, economical technologies available to capture and sequester carbon emissions from coal plants. Studies have indicated that even if the technology was available to reduce carbon emissions, the cost of electricity from a coal plant equipped with the technology could increase by as much as 80%. Therefore in order to meet this new EPA rule, the utility industry would have to close numerous coal plants across the country and rely much more heavily on natural gas. Given the historic volatility in natural gas prices and the delivery infrastructure problems encountered in the first quarter of 2014, such policies are putting the reliability and affordability of our nation’s electric grid at much greater risk.
In the past, coal has proven to be the most abundant, reliable and economical fuel to generate electricity in the United States. Over the past, the industry has proven that coal can be used to produce more electricity, more efficiently, while reducing emissions. Since 1970, coal used for electricity has increased approximately 170 percent while key emissions have decreased 90 percent per unit of power produced. Advances in coal technologies deployed at the Marion plant and new plants installed with state-of-the-art technologies like Prairie State Generation Campus continue to improve efficiencies and reduce emissions.
Your Cooperative’s power supplier has made significant investments in coal-fired generation and in emission control equipment to utilize coal in an environmentally responsible way. Your Cooperative’s power supplier utilizes a diversified portfolio of electricity generation including coal, natural gas, hydro and wind power. Your Cooperative has long promoted a variety of energy efficiency measures to benefit Cooperative members. However, the vast majority of your Cooperative’s power production (like that in many other Midwestern states) remains coal-fired.
The U.S. EPA is required to accept public comments on its June 2nd proposed rule. The deadline to send comments to the EPA is October 16, 2014. I respectfully ask that you consider relaying to EPA your support for a “common sense” energy strategy, and not an “all but coal” strategy. Please visit www.action.coopto add your name in support, and to learn more about the new EPA proposed rule -- it only takes a minute. If you previously went to the site to send a comment on the “new power plant” rule, I encourage you to consider visiting it again now to register your comments on the recent, and even more important, “existing power plant” proposed rule.
See you next month and as always, "We'll keep the lights on for you."