Arizona Business Daily Reports
The latest news out of the battle over the Navajo Generating Station (NGS) gives the coal plant an edge that could keep it in operation beyond 2019, according to a study presented at the Arizona Corporation Commission meeting on Thursday.
Related: Workshop explores future of coal industry in Arizona
The study conducted by the globally recognized firm Navigant Consulting offers a closer look at the 2,250 MW coal-fueled electricity plant’s projected economic performance. It reveals that keeping the plant in operation through 2040 will save about $400 million compared to using a replacement energy source such as natural gas over the next 20 years. Results of the study also show that the plant will maintain its low costs and a healthy cash flow that could lead to capital recovery for its owners.
