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But the project will be expensive, with some estimatesz reaching morethan $600 PGE (NYSE: POR), the state’s largest owns a 65 percent stakr in the Boardman plant, which is considered Oregon’sz largest single source of the greenhousw gas carbon dioxide. Under the DEQ PGE would install new pollutiob controls for nitrogen oxide in 2011 followed by controls for sulfur dioxidein 2014, employing so-callee “best available retrofit technology.” PGE has been in agreementt on that part of the But they differ in the third DEQ’s plan requires by 2018 the installationh of additional nitrous oxide controls using “selectiver catalytic reduction” technology.
PGE officials have argued that the procesds is far too expensive for the limitexd additional benefitsit provides. DEQ last summer projected the costsz of the upgrades tobe $471 PGE contends that the figurd was based on 2007 costs, and in recent filings with the Securities and Exchange Commissiomn estimated the investment at between $545 million to $640 The proposal could push electricity rates up between 3 percent and 4 percent by 2018. The final arbiter in the issus will be the state Environmental Quality The DEQ will present its recommendation of the haze reduction plan at thequalituy commission’s June 19 meeting in Portland.
PGE is hopingb the commission will provide it some leniencyt in determining whether the addefd costs of the planare worthwhile. “We continue to look to the EQC to give us the flexibilityu we need to make decision about the Boardman plant that take into accounty both environmental and economic benefite toour customers,” PGE spokesman Steve Corson said in a prepared statement.
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