By Dorothy Davis
LS Power Group has dropped plans for development of two proposed coal-fired power stations in Arkansas and Georgia.
As part of an agreement ending a lawsuit with the Sierra Club, LS Power has cancelled plans for the proposed 1,200 MW, coal-fired Long Leaf Energy Station in Georgia and the Plum Point II coal-fired power project in Arkansas.
The agreement also sets stricter emissions limits for the 900 MW Sandy Creek coal-fired power station in Texas, which was the catalyst of the initial suit.
LS Power vice president, Michael Vogt, told newspapers that the estimated $2 billion Long Leaf project had also become increasingly unattractive due to economic and environmental issues that also played into the decision.
“As difficult as it was to agree to cancel the Longleaf project after spending 10 years and millions of dollars, our view is the economic conditions right now just don’t support continuing development,” Vogt said.
