Posted: Apr 12, 2012 7:54 AM
Updated: Apr 12, 2012 7:54 AM
Source: Associated Press
BATON ROUGE - Low natural gas prices and plentiful gas supplies have put aside plans to convert a gas-fired power plant to New Roads to coal power.
NRG Energy Inc. spokesman Dave Knox says the company has allowed a state permit to convert the Big Cajun I plant to coal to expire. On Wednesday, U.S. natural gas prices fell below $2 per 1,000 cubic feet for the first time in more than a decade.
Big Cajun I, which produces 230 megawatts of power, never received a federal permit to convert to coal. It is one of five power plants operated by Louisiana Generating, an NRG Energy subsidiary.
Another power plant operated by Louisiana Generating in New Roads, Big Cajun II, is the company's only coal-fired plant in Louisiana.