Yesterday the owner of Holtwood Dam on the Susquehanna River announced that they would not move forward with their plans to install additional generation capacity to their dam. In a statement on their website, William H. Spence, executive vice president and chief operating officer of PPL Corporation stated: "As we evaluated this project in light of current economic conditions and projections of future energy prices, we reached the conclusion that it is no longer economically justifiable."
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