A new study released from Energy Ventures Analysis (EVA) has found that consumers in the Southwest have saved billions through the energy generated by the Navajo Generating Station (NGS), the nation’s largest coal-powered generator west of the Mississippi.
Among the findings of the study:
• The Central Arizona Water Conservation District (CAWCD) has saved over $1 billion by purchasing power from the Navajo Generating Station (NGS) since 2001;
• NGS will save $370 million in future CAWCD power costs through 2030;
• NGS has driven down Central Arizona Project (CAP) M&I water rates by as much as 50% since 2001;
• Without NGS, CAP water rates to M&I customers will increase an average of 30% over the next 10 years;
• NGS decommissioning costs would range from $109 million to $151 million over three years in addition to CAWCD’s remaining debt repayment obligation estimated at $1.1 billion through 2044; and
• If NGS is prematurely retired, full replacement capacity is estimated at nearly $2 billion.
CASE has long been a proponent of saving NGS, putting forth economic and energy analyses that demonstrate the plant’s vitality both for consumers and for maintaining a diverse energy mix for our nation. The full study can be accessed by the link below:
EVA Economic Benefit Analysis of NGS to CAWCD 011718
