Power plant closer to being built

Power plant closer to being built

There are 15 comments on the The Indianapolis Star story from Nov 20, 2007, titled Power plant closer to being built. In it, The Indianapolis Star reports that:

Duke's coal-gasification facility gets OK from utility regulators but still faces hurdles State utility regulators cleared the way Tuesday for Duke Energy to build a $2 billion electric power plant at ...

Join the discussion below, or Read more at The Indianapolis Star.

Elkhart Reader

Ypsilanti, MI

#1 Nov 21, 2007
Why should John Q. Consumer pay for a company to build something new? Isn't a new facility which will produce more just part of doing business? Why doesn't Duke issue additional stock to cover the cost?

It appears that the current shareholder will gain from the increased profits at the conusmers expense.
imzhammer

Portsmouth, NH

#2 Nov 21, 2007
Hmmm, Duke's charges are already up 11% this year with another 4% to following this winter...and now antoher 16% on top of that. Hmmm.
Environmentally friendly

Duncan, OK

#3 Nov 21, 2007
Gee. If we wouldn't use so much electricty then perhaps we wouldn't need the new facility. We all love our AC/heat/and those lovely electrical appliances constantly running (computers /TV's/ etc). Be serious, of course all cost eventually goes to the consumer.
Get it right

United States

#4 Nov 21, 2007
Who said coal gasification was not proven?

Duke, formerly Cinergy, formerly PSI, ALREADY HAS A COAL GASIFICATION PLANT! It is in Terre Haute, IN. It has been running for about 10 years.

Sorry to burst the nay-sayers bubble.
Homer

United States

#5 Nov 21, 2007
Get it right wrote:
Who said coal gasification was not proven?
Duke, formerly Cinergy, formerly PSI, ALREADY HAS A COAL GASIFICATION PLANT! It is in Terre Haute, IN. It has been running for about 10 years.
Sorry to burst the nay-sayers bubble.
I wondered what smelled so much as I came across the state line. Welcome to Indiana!
bart

Duncan, OK

#6 Nov 21, 2007
Homer wrote:
<quoted text>
I wondered what smelled so much as I came across the state line. Welcome to Indiana!
I think you'll find if you roll your windows down that odor your smelling may go away. Next time plan your visits elsewhere.
Old timer

Duncan, OK

#7 Nov 21, 2007
Homer wrote:
<quoted text>
I wondered what smelled so much as I came across the state line. Welcome to Indiana!
Since most of the time the wind blows from West to East what you are smelling is yesterday in St. Louis
Bobby J

Evansville, IN

#8 Nov 21, 2007
Gee, who pays for anything to be built by any company?
The customer pays. Do you think electricity jumps out of the ground and it only has to be gathered and sold?
Economics was apparently not your best subject in school.
Elkhart Reader wrote:
Why should John Q. Consumer pay for a company to build something new? Isn't a new facility which will produce more just part of doing business? Why doesn't Duke issue additional stock to cover the cost?
It appears that the current shareholder will gain from the increased profits at the conusmers expense.
CBB

Indianapolis, IN

#9 Nov 21, 2007
It's about time this state invested in electricity. Now we need some nuke
power plants and electric cars.
This is the only way to make the Middle East a non issue.
Alternative energy

West Manchester, OH

#10 Nov 21, 2007
Im glad the electric company is going to modernize a plant. Too bad they dont build some wind turbines.
We were on our way to having a nuclear power plant back in the 70"s or 80's cant remember. I just remember the dumcoff governor at the time killed it. And almost bankrupted psi.
I was in the navy's nuclear power on a submarine. I can tell you that it was kept in top working order and all safety was strictly adhered to. The crew was and is very professional having operated nuclear sea going vessels since the mid 50's.
There is other fine proposals for energy generation that should be looked into and not just let sit on the table while the world is passing the USA by in alternative systems.
Get a clue

Fishers, IN

#11 Nov 21, 2007
Elkhart Reader wrote:
Why should John Q. Consumer pay for a company to build something new? Isn't a new facility which will produce more just part of doing business? Why doesn't Duke issue additional stock to cover the cost?
It appears that the current shareholder will gain from the increased profits at the conusmers expense.
Hey genius, what gives the shareholder a return for forking over $2 billion, were it not for the profit?

Do you expect a fair return from your funds in a 401(k), your savings account, etc.? Where do you think that money comes from? Profit. Why is that evil?

I bet you make a "profit" on your time (i.e., wages) that a majority of the world would think is inappropriate, given their socio-economic status.
NUKES NEEDED NOW

AOL

#12 Nov 21, 2007
We must start building nuclear power plants now. They are clean, safe, and will help get us off of foreign oil.
NUKES NEEDED NOW

AOL

#13 Nov 21, 2007
Homer wrote:
<quoted text>
I wondered what smelled so much as I came across the state line. Welcome to Indiana!
It's probably your breath blowing back in your face.
Father in Law

United States

#14 Nov 21, 2007
Most Knox County residents are excited about the project which will provide jobs and lower taxes.
Prosperity breeds pride and a better life for the people who live here.
If all the "Green" people had their way, we'd still live in log cabins, eat fruit and nuts and get around by horse and buggy.
I grew up in Bicknell which has never recovered from the loss of its coal mining industry decades ago. It's a proud community and they deserve this break.
Down with Daniels

Delaware, OH

#15 Dec 1, 2007
Did you know this new CO2AL gasification plant that everybody is so excited about is going to release 4 million tons of CO2 annually! Thanks to Mitch Daniels we will all continue to cook ourselves as the earth heats up with more Greenhouse Gases... oh that's right, you want cheap energy so you can leave your lights on even when you're not using it and you want new jobs in Edwardsport. I hope they all have engineering degrees there in Edwardsport because a CO2AL gasification plant is a sophisticated chemical plant. 2007 was pretty warm, and 40% of the country was in severe or extreme drought! Atlanta is in a water crisis, the Arctic ice cap reached a record low. Worldwide we dump 80 million tons of CO2 into the atmosphere every DAY! And your still not sure about Global Warming? Even George Bush recognizes we have a problem (took him long enough) and that fossil fuels, such as CO2AL, are causing it - check out this article http://v.npr.org/templates/story/story.php...

Most Americans recognize the serious consequences of global warming, even a growing number of faith based groups are recognizing the moral and ethical implications of climate change, Congress is likely to issue some form of carbon regulation soon, and CO2AL plants across the country are being cancelled and postponed.
But not here in Indiana! Indiana is the #1 producer of CO2 per capita in the country, the 49th Greenest state according to Forbes, 5th in deaths linked to CO2AL pollution. Hey, maybe we need a new governor!

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