Wednesday, May 20, 2015

USA, California:

Los Angeles DWP Commissioners Vote to Sell Holdings in Coal-fired Navajo Generating Plant (KPCC)

Will be replaced by an even larger amount of more solar and geothermal energy - official says


Navajo Generating Station in Arizona
(Courtesy SQUEAKS2569/FLICKR)
Water and Power Commissioners in Los Angeles have approved a sale of the city’s interests in the coal-fired Navajo Generating Station in Arizona. The vote will cut LA’s coal interests by a quarter, and represents a significant step towards a goal of total divestment from coal set by former Mayor Antonio Villaraigosa in 2013.

Selling out of the Navajo plant has become less costly to ratepayers than keeping LA’s interests in it, says DWP’s Mike Webster. “The coal costs are going up. The operations and maintenance are also going up,” he says. “By us divesting now, it actually reduces the impact on ratepayers.”

Webster says 477 megawatts of coal energy that come down transmission lines to light up LA soon will be replaced by an even larger amount of more solar and geothermal energy.

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