3 Options for Blocked NY Marcellus-Fired Electric Plant

Two days ago MDN told you that New York’s tinhorn dictator, Andrew Cuomo, pulled the rug out from under a fully-permitted and permissioned Marcellus-fired electric plant by directing his corrupt Dept. of Environmental Conservation (DEC) to withhold renewing an air permit previously granted (see Cuomo Strikes Again: Blocks Completed Gas-Fired Plant from Starting). We’ve since learned that the Competitive Power Ventures (CPV) Valley Energy Center, a $900 million, 680-megawatt natural gas-fired electric generating plant in Orange County, NY, was just four days away from throwing the switch and beginning operations. The DEC’s previous delays of the project have already cost the CPV $40 million in missed revenue. How much more pain will Cuomo and his corrupt DEC inflict on the plant? And, what can CPV do now, to overcome Cuomo’s blockage of the project? It appears there are three options: (1) contest the decision via an administrative appeals process; (2) seek a court injunction against the DEC; (3) apply for an EPA permit, which is what the DEC is telling them to do. All three options will take time. Seems to us that option #2 will take the least amount of time. CPV is right now mulling their next steps…

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