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IEEFA report: Carbon capture project lacks investors, has an unrealistic timeframe

The San Juan Generating Station is pictured Monday, April 19, 2021, in Waterflow. Enchant Energy faces “insurmountable” obstacles as it works to acquire the San Juan Generating Station and retrofit it with carbon capture technology, according to David Schissel, director of resource planning analysis for the Institute for Energy Economics and Financial Analysis. Schissel authored a report released on Thursday looking at the lack of investors and progress on the project. He said his key message is that the project has not made much progress and that investors are “clearly skeptical.” He said there are likely insurmountable economic issues and that the community near the San Juan Generating Station should be prepared for the power plant to close, which will lead to lost jobs and lost tax revenue.

PORTLAND GENERAL ELECTRIC CO /OR/ - 10-Q - Management s Discussion and Analysis of Financial Condition and Results of Operations

Forward-Looking Statements The information in this report includes statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements that relate to expectations, beliefs, plans, assumptions, and objectives concerning future results of operations, business prospects, loads, outcome of litigation and regulatory proceedings, capital expenditures, market conditions, future events or performance, and other matters. Words or phrases such as anticipates, believes, estimates, expects, intends, plans, predicts, projects, will likely result, will continue, should, or similar expressions are intended to identify such forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed. PGE s expectations,

Beyond solar and wind: 10 steps to meet President Biden s clean electricity target

Beyond solar and wind: 10 steps to meet President Biden s clean electricity target
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