FutureGen Finance Plan Faces Court Challenge

Commonwealth Edison and other power suppliers are challenging the state’s plan to help finance the FutureGen clean-coal project by charging Illinois electricity customers.
Edison and the Illinois Competitive Energy Association plan to go to the Illinois Appellate Court. They will challenge the surcharge the Illinois Commerce Commission approved in December.
CEA President Kevin Wright says the commission lacks the authority to make electricity customers help finance the federally backed project.
Commerce Commission spokeswoman Beth Bosch says the agency knows about the planned appeals but hasn’t seen arguments yet.
FutureGen has been the subject of political and financial difficulties for years. It was initially proposed as a new power plant. But now the project will retrofit a western Illinois coal-fired plant. Carbon dioxide would be removed from fuel and stored underground. (AP)

This entry was posted in Uncategorized. Bookmark the permalink.

Comment on this Story

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s