I find it hard to believe that a trash burning plant cannot generate operating revenues (but obviously that is what has happened here). My guess is that a secured creditor had not been paid for some time and lost patience, thus filing that plant into the foreclosure court. With a Judgment, it goes to auction. Yet, all an operator really needs to do is up the tipping fees; since the sale of electricity at preferred rates is no more, higher tipping fees becomes the replacement cash. And what else are those towns in the MRC going to do except pay the new fees?
The better answer is for power and heat-intensive plants to be sited next door to this burn plant, so the waste heat and generated electricity has a home. Is there room for that? Or are there no prospects for new industries in Maine?
What a cluster! How about having it be a public utility and therefore not having to make a profit? I can’t believe I am suggesting that the State of Maine run it but would this be an answer to a LONG standing problem?
I find it hard to believe that a trash burning plant cannot generate operating revenues (but obviously that is what has happened here). My guess is that a secured creditor had not been paid for some time and lost patience, thus filing that plant into the foreclosure court. With a Judgment, it goes to auction. Yet, all an operator really needs to do is up the tipping fees; since the sale of electricity at preferred rates is no more, higher tipping fees becomes the replacement cash. And what else are those towns in the MRC going to do except pay the new fees?
The better answer is for power and heat-intensive plants to be sited next door to this burn plant, so the waste heat and generated electricity has a home. Is there room for that? Or are there no prospects for new industries in Maine?
What a cluster! How about having it be a public utility and therefore not having to make a profit? I can’t believe I am suggesting that the State of Maine run it but would this be an answer to a LONG standing problem?