| Coal,
America's dominant source of electric power generation, has been
getting a lot of bad press lately.
TXU recently announced its
planned purchase by a group of private investors for $45 billion.
The potential new owners say they would at least temporally suspend
plans to build eight coal plants in the state and would
upgrade air pollution controls on those they do build. Your
cooperative believes growing energy demand will require a diversity
of energy sources and unceasing commitment to energy management and
conservation in the future. Coal will be part of the mix because
coal gives us the best opportunity to hold down rates. The
United States has an estimated 250-year supply of coal. Nationwide,
co-ops are doing a better job than the rest of the industry in
keeping up with the latest, cleanest, coal-burning technologies.
It's the companies that persist in using their oldest, dirtiest
plants that give electric utilities a bad name. Unfortunately,
there's no way to get around the fact that the best technology costs
more to implement-50-percent more according to some estimates. So
making the process cleaner initially costs more. Right now, the
cleanest coal power plants use fluidized bed coal gasification in
which the coal or lignite is turned into a gas that is used to power
turbines.
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This is as I have said,
expensive and will increase the cost of electricity. Plants
"scrub" the mercury, nitrogen oxide and sulfur dioxide.
Then they can separate the remaining by products: carbon dioxide (CO2),
carbon monoxide and hydrogen, Sometime in the future, the
hydrogen could be used to power everything from cars to other power
plants.
Keeping CO2 , out of
the air is called "carbon sequestration". The compound is
believed to contribute to global warming. You will hear talk
about a plant's or building 's "carbon footprint" and how
it can be reduced. Alternatives for sequestering carbon dioxide
include pumping it into existing played-out oil and gas wells or
planting new crops dedicated to absorbing the gas. Certain trees are
specially efficient at doing so. But sequestration technology is in
its early days. The
federal government and the utility industry are funding research for
a near-zero-emission coal plant called FutureGen. Texas may be
chosen as the host state for the $1 billion experimental model,
which would use carbon sequestration. As
a Congress and the public become more insistent that the
emissions be reduced, the federal government must set up to the
plate to fund much more research into reducing pollutants from
conventional power sources such as coal. At
the same time, new funding for research into renewables is another
high priority. And the cost of cleaner air must be carried, to some
extend, by the customers who use the power. Take
a look at the map at the left, which shows where coal assets are
based in United States. Coal simply can't be counted out of our
future. |