Clean coal plant tabled, would have been a first
| October 31, 2007 |  View for printing |
A decision to build the Xcel facility is now at least two years away.
Xcel Energy is shelving for at least two years a decision on building a widely hailed clean-coal power plant that would have been the first in the nation to capture its carbon emissions and inject them underground.
Although Xcel is convinced the technology will work, the $1 billion-plus plant would be too costly to build without a partner and the utility doesn't need the extra power, chief executive Dick Kelly said Tuesday in Denver.
Minneapolis-based Xcel, Colorado's largest electric and gas supplier, proposed the plant last year as a symbol of its commitment to lead the utility sector in addressing carbon dioxide emissions, a major contributor to global warming.
By Steve Raabe The Denver Post
Full Story: http://www.denverpost.com/business/ci_7324626
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