PALMER - After the Mat-Su Borough passed an ordinance regulating power plants in late August, MEA asked The Shaw Group to review the ordinance and provide an analysis of its impacts.
Complying with the Borough's regulations would cost MEA members $9 million to $12 million and delay construction of any new power plant by two and one-half to four years, the analysis says.
An internationally positioned company, The Shaw Group provides engineering, design, construction, and maintenance services to government and private-sector clients in a number of industries, including the energy, environmental, and infrastructure markets (www.shawgrp.com).
"The Borough introduced the ordinance on June 19 and it was adopted on August 28. MEA did not have adequate time to review the ordinance and predict its full impacts. With the Shaw Group report we have quantified how the heavy regulatory requirements will cause unnecessary delays and increase costs to our local power plans," said Lorali Carter, MEA Manager of Government and Corporate Communications.
The report provides an overall summary of the risks, estimated compliance costs, and additional time frames. The report analyzes the new Borough permit costs for both coal and natural gas power plants.
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