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Tag: Offer

Chicago Company Preparing Offer for Navajo Generating Station

June 11, 2018
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| Industry News

A suburban Chicago-based energy company executive on June 7 told Arizona officials his group is putting together a proposal to purchase the Navajo Generating Station (NGS), the largest coal-fired power plant in the western U.S. The plant’s current owners have said they will close the 2,250-MW facility by year-end 2019 unless a buyer is found.

Workers, their family members, union representatives, and tribal leaders had rallied Wednesday in Phoenix, asking state officials to slow the process of closing the plant, which employs hundreds of Native Americans along with the nearby Kayenta Mine that supplies coal for the plant. Joe Greco, senior vice president of Middle River Power in Chicago, told the Central Arizona Water Conservation District board on Thursday that his company could operate the plant efficiently and economically.

The water board was meeting Thursday to consider bids for the future power supply to pump water for the Central Arizona Project (CAP), which supplies some of the state through an aqueduct system from the Colorado River.…

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U.S. and Canada Follow Different Climate Policy Paths—Does One Offer a Competitive Advantage?

August 25, 2016
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| Industry News

Although the U.S. and Canada are both aiming for similar greenhouse gas (GHG) emissions reductions, the two countries are embarking on decidedly different approaches to reaching their goals, according to a report released on August 23.

IHS Markit—a company that provides information, analytics, and solutions to customers in business, finance, and government—developed the report, titled “The State of Canadian and US Climate Policy.” One reason it cites for the different emissions reduction methods is that the makeup of the power sectors in the two countries is vastly different.

In the U.S., the largest GHG emitter is the electric power generation industry. Historically, coal has been the most prominent fuel source for U.S. electricity production, and it is a heavy GHG emitter. As natural gas supplies have increased and the cost of renewable energy has decreased, replacing coal with these lower- and zero-emitting resources has resulted in a natural decrease in GHG emissions.

Canada, however, gets about 80% of its electricity from resources that have always been low- or zero-carbon emitters, mainly hydropower.…

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