Monday, November 18, 2013

Tennessee Valley Authority closing 8 coal fired power plants

11.18.13

It’s tempting to immediately file this one in the “We Hate it When We’re Right” folder, but there are a few wrinkles to the story. The Tennessee Valley Authority, a federal corporation which operates energy facilities and other land management operations across multiple states, has announced that they will be closing eight coal fired power plants. They will seek to reduce coal sourced energy to 20% of their total capacity and the plants in question will be closed in Alabama and Kentucky. (The latter plants faced some headwinds as Mitch McConnell fought to stop them from closing, but the TVA overruled him.) So what caused this?

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