Pass on power plant was sought all along - Business - The Sun News - 0 views
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Energy Net on 05 Oct 09The Grand Strand, South Carolina's tourist economic engine, won't have enough electricity by 2012 to keep its beachfront towers aglow unless a new $1.2 billion coal-burning power station is built near Florence. That was the warning Santee Cooper, the state-owned electricity company, gave to state and federal regulators. It was the argument the power company presented at public hearings. And it was that caution that Lonnie Carter, Santee Cooper's president and chief executive, offered during interviews with journalists. The argument that the coal-fired power plant was the only solution formed the key justification for Santee Cooper to spend $242 million over the past three years, most of that stockpiling material to build, even though it lacked government approval to operate the facility.
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Energy Net on 05 Oct 09The Grand Strand, South Carolina's tourist economic engine, won't have enough electricity by 2012 to keep its beachfront towers aglow unless a new $1.2 billion coal-burning power station is built near Florence. That was the warning Santee Cooper, the state-owned electricity company, gave to state and federal regulators. It was the argument the power company presented at public hearings. And it was that caution that Lonnie Carter, Santee Cooper's president and chief executive, offered during interviews with journalists. The argument that the coal-fired power plant was the only solution formed the key justification for Santee Cooper to spend $242 million over the past three years, most of that stockpiling material to build, even though it lacked government approval to operate the facility.