Developers of the White Stallion Energy Center, a coal plant slated for construction in Matagorda County, Texas, have officially thrown in the towel, the latest in a string of coal projects that have fallen victim to market forces.
Operators of a proposed coal-fired power plant in Matagorda County announced Thursday that they will drop their request for a 40-year water contract with the Lower Colorado River Authority, opting instead for a more expensive but less water-intensive technology.
An executive for a company planning to build a coal-fired power plant in Southeast Texas says the company will change how it would cool the plant, allowing it to operate with trillions of less gallons of water annually.
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