- by Duane Shimgawa, August 28, 2014, Pacific Business News
The only coal-fired power plant in Hawaii, which is the single largest generating plant on Oahu, is under financial stress because there is no financial reserve, according to the Hawaiian Electric Co.'s new energy plan released this week.
Given the potential financial impact of an interruption of service associated with a financial default of AES Hawaii, HECO said it has been negotiating in good faith with the company to explore the possibility of an amendment to the power purchase agreement that would make financial sense to AES Hawaii and ratepayers.
As part of the ongoing negotiations for the change in the power purchase agreement, the state’s largest electric utility has asked AES Hawaii to convert some or all of the energy produced at the facility from coal to biomass, possibly from black pellets made from wood.
Editor & Journalist, Energy Justice Now
Editor & Journalist, The Biomass Monitor
Steering Committee, Anti-Biomass Incineration Campaign, Energy Justice Network
Find Energy Justice Network on Facebook and Twitter
"Compromise is often necessary, but it ought not to originate with environmental leaders. Our role is to hold fast to what we believe is right, to fight for it, to find allies, and to adduce all possible arguments for our cause. If we cannot find enough vigor in us or our friends to win, then let someone else propose the compromise, which we must then work hard to coax our way. We thus become a nucleus around which activists can build and function." -- David Brower