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Arizona Biomass Project Nears Commercial Operations
LCG, May 15, 2008--Renegy Holdings, Inc. (Renegy) yesterday issued an update on its business activities for the first quarter of 2008. A key accomplishment is completing a 24-MW, power project located near Snowflake, Arizona that uses biomass as fuel. Renegy has 20-year, power-purchase agreements (PPAs) for the project with Arizona Public Service Company (APS) and Salt River Project (SRP).
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KCP&L's Cost Estimate for New Coal Unit Rises
LCG, May 9, 2008--Kansas City Power & Light (KCP&L) yesterday released a new, increased cost estimate for Iatan 2 of $1.82 - $1.92 billion, or about a 15 percent increase from the most recent estimates of December 2006. Prior to an increase in the design capacity, a "preliminary conceptual" estimate prepared in 2005 targeted the cost at $1.3 billion. Construction of the 850-MW, coal-fired unit located near Weston is scheduled for completion in the summer of 2010.
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