2 ms·
Unless there are dramatic changes to the EPA, there will never be another coal plant built in the US after the Kemper Plant is turned on in Mississippi next yea
by mikeyouse 10y ago
Unless there are dramatic changes to the EPA, there will never be another coal plant built in the US after the Kemper Plant is turned on in Mississippi next year.
Kemper was supposed to be an example of a modern 'clean coal' plant but is estimated to cost $4 billion over it's original $2.5 billion budget. It's going to cost over $11,000 per KW in CapEx, nearly twice what a nuclear plant costs on a per-KW basis and probably 8x - 10x what solar PV costs.
In addition to the insane amount of CapEx, Mississippi politicians have decided to further subsidize the plant by paying $35/ton for the CO2 that the plant captures instead of the contracted $10/ton that was initially promised.
This will be some of the most expensive, dirty power that's ever been produced.