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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: ChanceIs who wrote (92693)11/3/2007 10:23:38 AM
From: Dennis Roth   of 206347
 
Idaho Power rejects new coal power by 2013, says gas is better

Associated Press - November 2, 2007 2:24 PM ET
montanasnewsstation.com

BOISE, Idaho (AP) - Idaho Power has become the latest utility to temper its enthusiasm for new coal-fired power plants.

In an SEC filing, the state's largest utility says escalating costs, permit issues and greenhouse-gas-emission concerns led it to abandon plans to add 250 megawatts of coal-fired power to its system by 2013.

The utility told the federal stock market regulator that it "determined that coal-fired generation is not the best technology to meet its resource needs."

Instead, it plans to get the power from a new natural gas turbine - as well as wind and geothermal.

Environmental groups praised Idaho Power's decision, saying it's a sign the utility is listening to customers who want green energy.

Still, Idaho Power says it will continue to evaluate coal-fired options, including expanding a plant it owns in Wyoming and further investigation clean-coal technology like coal gasification.
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