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In $100 Million Deal, Developer Will Replace Chicago Coal Plant With Online-Shopper Warehouses
The site of a Chicago coal-fired power plant that was shuttered in 2014 has been sold to a development company that plans to spend $100 million to turn the 70-acre location into a warehouse complex for online shoppers. Crawford Power Generating Station, which opened in the 1920s, was one of the last two coal-fired plants in Chicago at the time of its closure.
2017: A Year of Growing National Momentum Against Coal Industry
Changes in utility-company policies and outright plant closures in Colorado, Missouri, New Mexico, Texas, and Wisconsin highlight the electricity-generation transition that gained momentum nationally in 2017: “While President Donald Trump’s ‘Energy Dominance’ agenda gave the false impression that federal efforts could revive coal, 27 coal-fired plants totaling 22 gigawatts (GW) of capacity were announced for early closure or conversion in 2017 – roughly one every 15 days since Trump’s election.”
Colorado Coal-Fired Plant May Shut 17 Years Ahead of Schedule
A Northern Colorado power plant, in Larimer County, could close 17 years ahead of schedule as the result of a review by its owner, the Platte River Power Authority, which is looking at cleaner and more affordable options. The plant is a significant customer of coal producers in the Powder River Basin of Wyoming.
Montana Plant, $2 Million in Arrears on Local Taxes, Will Close Next Year
The owner of a relatively new coal-fired power plant in Montana says it will probably close next year after having lost money since 2014. The closing will affect about 30 people and will put the company, Heorot Power, further behind on $2 million in delinquent tax obligations to local schools and government.
Colorado City Considers Closing Coal Plant a Decade Earlier Than Planned
The City Council has directed Colorado Springs Utility to “analyze possibilities” for closing the city’s coal-fired power plant in 2025, a decade soon than planned. Colorado regulators have ruled that the 80-year-old Martin Drake Power Plant, considered a blight on the downtown area, is out of compliance with air-pollution standards.
Duke Energy Will Spend $200 Million in North Carolina to Retrofit Older Coal Plants to Burn Gas
Duke Energy Corp., in a move to keep four North Carolina coal-fired electricity plants on line, says it will spend $200 million over the next three years to retrofit the plants to burn natural gas. “It gives us the opportunity to take advantage of lower fuel costs,” a company spokesman said.
Little Progress in Campaign to Save Largest Coal Plant in the West
"Our economic assessment remains the same today," says a spokesman for one of several owners of the Navajo Generating Station. "Operating the plant beyond 2019 would not be beneficial for their customers."
No Takers for Power Plant in Arizona
Peabody Energy, which is seeking to find a buyer to save the Arizona power plant it is supplying from closure, has not found any takers. The Navajo Nation leases the site of the Navajo Generating Station to a group of utilities that are losing money on the plant, which employees almost 1,000 people, including those who work for the mine that feeds it.