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Interest-free aid set for coal-fired facility
By Bob Downing
Beacon Journal staff writer
POSTED: 07:22 p.m. EDT, Jun 09, 2009
The new coal-fired power plant planned in southern Ohio is getting a $30 million bridge loan from the state of Ohio.
The five-year, no-interest loan for American Municipal Power-Ohio's $3.1 billion plant near Racine in Meigs County was announced today by Gov. Ted Strickland and Mark Shanahan of the Ohio Air Quality Development Authority.
The loan funds are coming from the energy portion of Ohio's Bipartisan Job Stimulus Plan.
The plant, where construction is scheduled to begin late this year or early next year, will produce about 1,000 megawatts of power. It will begin operations in 2014, according to AMP-Ohio, a Columbus-based wholesale power supplier.
The plant will create 1,600 construction jobs and 165 permanent jobs.
The facility is being funded by 81 communities in Ohio and four other states. These include Cuyahoga Falls, Hudson, Wadsworth, Orrville, Seville, Lodi, Brewster and Beach City. They will purchase the electricity from the 1,000-megawatt plant.
The project has come under fire from several environmental groups. Critics say the plant will contribute to global warming, and they call its anti-pollution system unproven and less effective.
AMP-Ohio officials said the project will provide affordable and reliable energy to member communities, and they defended the Powerspan technology that is being used to clean up pollution. The plant, with its ammonia-based scrubbing system, will be the cleanest in Ohio and one of the cleanest in the country, the officials said.
AMP-Ohio operates a coal-fired plant near Marietta, a hydroelectric project on the Ohio River and a commercial wind farm near Bowling Green.
Bob Downing can be reached at 330-996-3745 or bdowning@thebeaconjournal.com.
The new coal-fired power plant planned in southern Ohio is getting a $30 million bridge loan from the state of Ohio.
The five-year, no-interest loan for American Municipal Power-Ohio's $3.1 billion plant near Racine in Meigs County was announced today by Gov. Ted Strickland and Mark Shanahan of the Ohio Air Quality Development Authority.
The loan funds are coming from the energy portion of Ohio's Bipartisan Job Stimulus Plan.
The plant, where construction is scheduled to begin late this year or early next year, will produce about 1,000 megawatts of power. It will begin operations in 2014, according to AMP-Ohio, a Columbus-based wholesale power supplier.
The plant will create 1,600 construction jobs and 165 permanent jobs.
The facility is being funded by 81 communities in Ohio and four other states. These include Cuyahoga Falls, Hudson, Wadsworth, Orrville, Seville, Lodi, Brewster and Beach City. They will purchase the electricity from the 1,000-megawatt plant.
The project has come under fire from several environmental groups. Critics say the plant will contribute to global warming, and they call its anti-pollution system unproven and less effective.
AMP-Ohio officials said the project will provide affordable and reliable energy to member communities, and they defended the Powerspan technology that is being used to clean up pollution. The plant, with its ammonia-based scrubbing system, will be the cleanest in Ohio and one of the cleanest in the country, the officials said.
AMP-Ohio operates a coal-fired plant near Marietta, a hydroelectric project on the Ohio River and a commercial wind farm near Bowling Green.
Bob Downing can be reached at 330-996-3745 or bdowning@thebeaconjournal.com.
Comments
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Norton, Oh
Posted 09:54 PM, 06/09/2009
"The project has come under fire from several environmental groups. Critics say the plant will contribute to global warming, and they call its anti-pollution system unproven and less effective."
Who among us thinks that China or any other country in the developing world thinks or cares about the impact that their projects will have on the environment? We spend TRILLIONS of dollars each year cleaning up air that will be over China in days, while they spew TONS of contaminants in the air that will be over us in the same amount of time. If you want to stop global warming force American companies who send our jobs overseas to adhere to the same environmental standards as those companies that keep their production in the USA. Stop handcuffing companies that want to invest in America and start worrying about those companies that flee our shores for the sake of instant profit while our sons and daughters are left with nothing but pitiful wages at companies with no future!
