Year: 2011

Navigation interests and customers of Cleco Corporation appear to be the big winners in the investor-owned utility’s decision to build a $1 billion circulating fluidized bed (CFB) power plant with the ability to burn multiple fuels. Cleco has 277,000 customers and was looking to diversify its fuels for its third power plant near Boyce, La., in central Louisiana in 2004. It chose to use petroleum coke, known as pet coke, for its new 600 megawatt Madison III plant. Pet coke is a byproduct of petroleum refineries that is available nearby in large quantities. The facility, called the Brame...