Is converting coal to gas the right move?
How does it affect you?
Regulated utilities have an obligation to provide cost-effective, reliable electricity with limited impact on the environment.
As coal costs continue to rise and emissions regulations at federal, state and regional levels come into force, utilities with a large number of coal-fired plants in their portfolios may not provide the best value to ratepayers or the company's shareholders.
Merchant coal plant owners are stretched to create shareholder value in the context of rising operating costs.
There is no better time to consider converting aging coal-fired plants to gas.