SRS debuts new green power plant

Monday, March 12, 2012 8:59 AM
Last updated 9:01 AM
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The Savannah River Site is celebrating a new power plant that will provide half the power the site needs by burning wood chips and other debris from local manufacturing plants that would have been thrown away.

Massachusetts company Ameresco is being paid nearly $800 million in the nation’s largest contract for renewable energy to build the plant at the site.

Ameresco guaranteed the U.S. government that it will save $34 million a year over the 19-year contract.

The new biomass plant will replace oil and coal burning plants.at the Savannah River Site, which used to make nuclear bombs, but now makes fuel for nuclear plants.

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Little Lamb
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Little Lamb 03/12/12 - 09:13 am
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Associated Press

Associated Press said:

Ameresco guaranteed the U.S. government that it will save $34 million a year over the 19-year contract.

This statement makes no sense without a comparator. Save $34 million compared to what?

david jennings
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david jennings 03/12/12 - 09:32 am
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Maybe in comparison to all

Maybe in comparison to all the coal they have burned since the 50's

bdouglas
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bdouglas 03/12/12 - 02:22 pm
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My guess when it says "$34

My guess when it says "$34 million a year" is that it's in comparison to what is currently spent. If so, it will take over 23.5 years just to break even on the 800 million contract to build it. But the point is it's using *renewable* resources for energy.

soldout
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soldout 03/12/12 - 04:14 pm
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Pretty weak payback. As

Pretty weak payback. As those other industries learn to create less waste they might have a shortage of fuel. I guess when I grew up in a house heating by wood gathered from our property we were 100% green energy and didn't know it. Mother Earth News had all this green stuff figured out 30 years ago and you didn't need a supplement from the government to be able to afford to save money. It is funny that nobody has to pay you to buy an I phone but will give you 10,000 to buy an electric car. That tells you a lot.

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