The Upside-Down Merrimack Coal Power ...

The Upside-Down Merrimack Coal Power Station

Posted in the Brattleboro Forum

Mike Mulligan

Brattleboro, VT

#1 Nov 12, 2013
http://www.concordmonitor.com/home/9285527-95...

The Upside-Down Merrimack Coal Power Station

Assessed value of Bow power plant drops nearly $50 million; tax rates to spike

The assessed value of the Merrimack Station power plant dropped nearly $50 million this year, which could mean more than a 4 percent increase in the property tax rate in Bow.

In 2012, the price of natural gas and the rates for electricity did not rise, but the price of coal shot up. That left the plant in “a squeeze,” Sansoucy said.

“All that has meant that the Bow power plant in 2012 operated at least in the order of 35 to 40 percent less than it was forecasted to operate,” Sansoucy said.“The 2013 forecasts aren’t any better.”
In September, PSNH filed a lawsuit challenging that 2012 assessed value of the power plant. According to court documents, the company has alleged the town’s value for last year was already set too high...
Mike Mulligan

Brattleboro, VT

#2 Nov 12, 2013
http://blogs.denverpost.com/thebalancesheet/2...
The new normal: US coal-fire power plants close, coal mines idle
By Mark Jaffe
The Denver Post

Coal-fired power plants and coal mines are going down across the U.S., according to SNL Financial analyses.

Facing tougher federal health-based standards for mercury emissions in 2015, utility companies have been steadily shuttering coal-fired units, with 8,800 megawatts permanently closed in 2012 and another 5,781 megawatts projected to be closed this year.
Mike Mulligan

Brattleboro, VT

#3 Nov 12, 2013
So late winter the natural gas pipelines couldn't keep up with demand leading to almost blackout and enormus price spikes...

We been dropping out coal mines and power plants...it just don't make sense we would have a shortage in coal...
Mike Mulligan

Brattleboro, VT

#4 Nov 12, 2013
almost blackouts
Mike Mulligan

Brattleboro, VT

#5 Nov 12, 2013
These guys are manipulating the market so horribly...

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