United States: Delays, cost overruns blemish coal project

St. Louis Today: Back in 2006, plans for the Prairie State Energy Campus, a hulking coal-fired power plant on farmland in Washington County, Ill., seemed serendipitous for the city of Kirkwood. The St. Louis suburb needed a stable, long-term power source. The plant's developers needed customers. The parties struck a deal -- a 30-year contract that would supply more than half of Kirkwood's electricity beginning in late 2011. The kicker: The energy produced at Prairie State would be cheap compared to market power...

URL: http://www.stltoday.com/business/local/delays-cost-overruns-blemish-coal-project/article_ffaa187e-b729-11e1-b412-001a4bcf6878.html