Friday, April 3, 2009

The Last Word on Little Gypsy

The New Orleans Times Picayune had a good piece on the delay of the Little Gypsy power plant in Montz, LA. I've written a couple of times on how foolish I think it is for one of the biggest utilities in the state of Louisiana to retrofit a natural gas power generating plat to be a coal fired plant. Why import coal from out of state when you've got the Haynesville Shale, which experts are coming to agree is the largest natural gas deposit in the country, in your own state.

Sure, they don't want to be a slave to energy prices, but it's going to happen to them anyway - it's their business - and on top of that they've got a mechanism in place to pass on the price hikes to their customers.

The project is on hold for at least three years, so I'll get off my soapbox for now.

No comments: