LS Power cancels plans for Georgia coal plant
The coal-fired power plant was slated for construction near Blakely, Georgia
December 13, 2011 — LS Power Group has dropped plans to peruse the development and construction of the proposed 1,200 MW Long Leaf Energy Station.
The agreement also requires the company to abandon a proposed coal plant in Arkansas and imposes new limits on air emissions from a new coal plant in Texas. The Sierra Club and other environmental groups, who had been working for years to stop the plant's construction, called the cancelation a huge victory.
LS Power officials told newspapers that the project had become less attractive given the uncertain regulatory environment surrounding coal-fired power and the low prices of natural gas-fired generation.