NY adopts CO2 rules that limit new coal power plants

June 28 Fri Jun 29, 2012 12:37am IST

Related Topics

Stocks

   

June 28 (Reuters) - New York environmental regulators on Thursday adopted carbon dioxide emissions (CO2) limits for new and expanded power plants that are slightly stricter than proposed federal limits and make it nearly impossible to build a new coal unit in the state.

There are no coal plants under active development in New York, which currently has about two dozen coal units -- some very old, small and rarely operated -- capable of generating about 2,800 megawatts (MW) of power.

"By preventing new high-carbon sources of energy, this performance standard will serve to further minimize the power sector's contribution to climate change, which poses a substantial threat to public health and the environment," Joseph Martens, Commissioner of the New York State Department of Environmental Conservation (DEC), said in a release.

The new regulation will take effect July 12.

The New York regulations establish CO2 emission limits for proposed new major power plants that have a generating capacity of at least 25 MW, and for increases in capacity of at least 25 MW at existing facilities.

One megawatt can power about 1,000 homes.

The New York regulations set a CO2 limit of 925 lbs per megawatt-hour for most new or expanded base load fossil fuel-fired plants, and a limit of 1450 lbs/MWh for simple-cycle combustion turbines.

Energy analysts have said coal plants produce more than 1000 lbs/MWh of CO2, so the rules would prevent the construction of new coal plants unless they had carbon capture and storage systems installed.

Base load plants, which have historically been coal and nuclear powered, usually operate 24 hours a day, seven days a week. Simple-cycle natural gas turbines generally operate during the summer and winter peaks.

But with natural gas prices touching 10-year lows this spring, many utilities have opted to turn to combined-cycle gas-fired units to generate around-the-clock power instead of coal.

After the DEC proposed its CO2 regulation in January, the U.S. EPA in April proposed a federal CO2 New Source Performance Standard under the federal Clean Air Act.

EPA's proposal contains a primary CO2 emission standard of 1000 lbs/MWh.

New York's biggest coal plants are owned by NRG Energy Inc , which is looking to repower or mothball its plants, and units of AES Corp and Dynegy Inc, which are involved in bankruptcy proceedings.

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Public Health

REUTERS SHOWCASE

Airtel Profit Jumps

Airtel Profit Jumps

Bharti Q2 net profit more than doubles   Full Article 

Maruti Earnings

Maruti Earnings

Maruti Suzuki net profit up 29 percent, beats estimates.  Full Article 

ICICI Results

ICICI Results

ICICI Bank Q2 profit up 15 percent, beats estimates.  Full Article 

Cost Cutting

Cost Cutting

PM Narendra Modi boots officials out of the first class cabin  Full Article 

Market at Record

Market at Record

Sensex, Nifty hit record highs; reforms outpace hawkish Fed.  Full Article 

Moody's on India

Moody's on India

Moody's welcomes India's policy steps, but wants to see more.  Full Article 

End Of QE

End Of QE

U.S. Fed ends bond buying, exhibits confidence in U.S. recovery.  Full Article 

Samsung Results

Samsung Results

Smartphone woes drag Samsung Elec Q3 profit to more than 3-year low.  Full Article 

Refining Margins

Refining Margins

BPCL aims to double refining margins with refinery expansion.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage