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NJ Company To Build Texas Coal-Fired Power Plant
Business Brokerage A new coal-fired power plant proposed for North Central Texas would emit thousands of tons of ozone-producing pollutants, hampering efforts to bring the region into compliance with tough new federal ozone standards, environmentalists say.
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Forex Broker The proposed Sandy Creek Energy Station will take months to obtain state air permits and about four years to build near Waco, about 90 miles south of the Dallas-Fort Worth area, at a cost of as much as $1.2 billion.
DPL Inc. is the parent company of Dayton Power and Light Company (DP and L), a public utility that sells electricity to residential, commercial, industrial and governmental customers in a 6, mile area of West Central Ohio. Electricity for DP&L's 24 county service area is generated at eight power plants and is distributed to more than 500, 000 retail customers. Principal industries served include automotive, food processing, paper, technology and defense. The Company's other subsidiaries include DPL Energy, LLC (DPLE), Plaza Building, Inc. and Miami Valley Insurance Company. DPLE engages in the operation of peaking generating facilities, and in the marketing of wholesale electric energy. Plaza Building, Inc. owns MVE, Inc., which provides financial support services to DPL and its subsidiaries. Miami Valley Insurance Company is the insurance company for DPL and its subsidiaries.
Online Brokerage Proponents say the plant would supply electricity for decades to residents statewide, create as many as 100 permanent jobs and add tens of millions of dollars in tax revenue to the rural region.
It's possible for consumers to be equally ethical with their choice of power provider, and because the industry is regulated by OFGEM, all companies are required to maintain a reliable supply. Good Energy supplies only fully renewable energy sourced from wind farms, solar power and hydro plants. Ecotricity concentrates its efforts on building wind farms to supply clean energy, and plants a tree in the Ecotricity Forest in Gloucestershire for each person who switches to their company.
Real Estate Broker But clean-air advocates worry that the plant would increase pollution in a region already facing severe sanctions for violating federal ozone standards.
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Agency Brokerage Spark "It's a dirty plant," Neil Carman, clean-air program director for the Sierra Club Lone Star chapter in Austin, told the Fort Worth Star-Telegram in Tuesday's editions. "It's really going to impact the Metroplex."
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Business Broker But state regulators say any criticism is premature.
Brokerage Account "I can't tell you that what they have proposed in their permit is what we will end up deciding is OK," said Steve Hagle, an air permits administrator for the Texas Commission on Environmental Quality.
Stock Broker Regulators will require Sandy Creek Energy Associates, the East Brunswick, N.J., company building the plant, to develop computer models to predict whether the plant's emissions would significantly contribute to ozone formation in Dallas and Fort Worth.
Brokerage Online Stock Trading "If it becomes a reality, it will be an economic boon not only to the county but to the entire region," said McLennan County Judge Jim Lewis, who said he does not believe that the plant's pollution will affect the Metroplex.
Broker Justin Ticket Winds can carry toxic emissions such as nitrogen oxides, a natural byproduct of burning coal, hundreds of miles.
Real Estate Brokerage "That's certainly going to be a key question we're going to have to answer," said Mike Vogt, the company's project manager.
Commodity Broker He said the company plans to install equipment that will significantly reduce emissions of nitrogen oxides and fine particles that can severely damage the lungs.
Brokerage House The 800-megawatt plant would occupy 700 acres straddling the boundaries of Riesel and unincorporated McLennan County.
Real Estate Broker Exam Associated Press - 3/2/2003
Topic: Energy
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