JEA is closing the facility for good and tearing much of it down...
JEA expects the retirement to decrease JEA’s carbon footprint by 30 percent and to reduce nitrogen going into the St. Johns River.
The decision also signifies the change in the industry as natural gas prices dropped to compete with coal. The power park is currently powered 100 percent by coal from Colombia.
The final cost for the project, completed in the 1980s, was $1.45 billion. There is an outstanding debt of $281 million.
Full article:
http://jacksonville.com/news/metro/2017-03-17/jea-shutting-down-power-park-laying-200
