Displaying items by tag: stranded asset

The neighborhoods of The Preserve are a mere 1.5 mi away from the end of the proposed runway. Project location, scale and dimensions superimposed on this Google Earth snapshot are approximate; for illustration purposes only. Please ignore the eye altitude indicated. That value depends very much on the size of your screen. It gets updated only when viewing a scene in the live Google Earth app.  If you were sitting in an airplane — approaching the airport on the 3-degree glidepath shown here in yellow — you would pass barely more than 500 feet above these homes. During ascent (facing this point of view) many of the planes could already be higher above The Preserve, but because running their engines at full throttle, emissions would be more perceptible and concerning.

How would the airport project affect livability and property values?

OAK RIDGE — For the past three decades, the City of Oak Ridge has been complaining that most who get hired to work in Oak Ridge prefer to live in Knoxville or Farragut. Low population growth and few new home starts did not make up for increasing costs of city services. A considerable amount of city-budget increases, however, were a consequence of poor decisions, driven by wishful thinking. The payback of grandiose plans that had no solid economic foundation was measly, if not lacking for years and ever more years. The underutilized Parcel A Centennial Golf Course and Horizon Center are particularly memorable examples.

Some of our readers may also remember the scandal when DOE sold a strip of riverfront property near Brashear Island on the Clinch at a price of $54 per acre — drastically below fair market value. That  incidence was related in a roundabout way to another so-called “self-sufficiency parcel,” Parcel E. The latter was sold to the City in 1987 for transfer to the Boeing Company, which planned to build an industrial facility. The project never materialized.

As Hellbender Press reported in April, the Tennessee Valley Authority plans to phase out its use of coal. And as we mentioned in an action alert, TVA is conducting a scoping process pertaining to the preparation of an Environmental Impact Statement (EIS) for retirement and replacement of the Kingston Fossil Plant. TVA is preparing similar EIS for its other remaining coal-fired power plants as well.

Although TVA lists "construction and operation of solar and storage facilities" in these scoping documents as an alternative for replacement of coal as the power source, it has made no secret of its belief that construction of gas-powered combustion turbines (CT) and natural gas pipelines to feed them will be the best solution to replace the outdated generation capacity.

Unlike other power utilities, TVA has been making it more difficult, financially unattractive or impossible for distributed renewable energy, storage and even efficiency projects to get realized, according to proponents of renewables and some of TVA’s local power distribution partners. TVA also reneged on its agreement with other utilities to make large amounts of wind power available to the Southeastern United States through the Plains & Eastern Clean Line high-voltage direct-current power line project.