purchase of coal to power plant customers

Rainbow Energy Center to purchase Coal Creek Station ...

Jun 30, 2021 · The sales and purchase agreements will become the latest step in Great River Energy’s power supply transition. The cooperative plans to add 900 MW of wind energy before the end of 2023 and modify the 99-MW coal and natural gas-based Spiritwood Station power plant to be fueled primarily by natural gas. ###

Despite One Big Dissent, Minnesota Utilities Approve of ...

Aug 03, 2021 · An electricity transmission tower is shrouded in steam being exhausted outside the Great River Energy Coal Creek Station power plant in Underwood, North Dakota, on Thursday, Feb. 9, 2012.

Consumers Energy to retire remaining coal plants in 2025 ...

Jun 23, 2021 · Consumers Energy Co. on Wednesday announced plans to end its use of coal power plants by 2025 and buy additional natural gas plants, making the Jackson-based utility one of

Coal power plant owner sees customer savings in exiting by ...

Mar 09, 2020 · BILLINGS, Mont. - Another Colstrip Power Plant owner says it will save customers money by cutting the cord to the southeast Montana generator in five years. Spokane-based Avista Corp. says its customers would save at least $2 million a year if Colstrip Units 3 and 4 were retired at the end of 2025. Ongoing expenses like the cost of coal ash pollution storage are expected to

Bismarck Company Buys North Dakota Coal-Fired Power Plant ...

Jul 01, 2021 · 7/1/2021. (AP) — A Bismarck energy marketer that sells wholesale electric power announced June 30 it will purchase North Dakota’s largest coal-fired power plant from a Minnesota company that had intended to close it if a buyer could not be found. Rainbow Energy Center LLC said it reached an agreement to acquire the Coal Creek Station in ...

Less coal, lower bills: Evergy customers make demands ...

Jul 14, 2021 · Evergy announced as part of its IRP filings this spring that it would retire the Lawrence Energy Center, a 487-megawatt power plant north of the city, in 2023. But it will take until 2040 for the company to retire “nearly all” of its remaining coal generation, something stakeholder groups and members of the public want it to do faster.

Why all eyes on Marissa coal plant? Its closure could ...

Jun 03, 2021 · Jun. 3—For the last nine years, the coal-fired Prairie State Energy Campus in Marissa has produced reliable energy for much of the Midwest and Mid-Atlantic regions. But in 2019, it

Regulators rip Xcel's proposed $650 million deal for ...

Aug 10, 2019 · Xcel Energy's proposed $650 million purchase of a gas-fired power plant in Mankato has run into strong opposition from two state agencies concerned about its

1.15-GW Coal Creek Station gains reprieve as Co-op sells ...

Aug 02, 2021 · The sale of North Dakota’s largest coal-fired power plant should put the station’s planned retirement on hold. Great River Energy, a cooperative, will sell the 1.15-GW Coal Creek Station to ...

A coal plant dispute cost a Kansas utility $12 million ...

Aug 30, 2019 · Westar says buying the remaining share of the plant was the cheapest way to resolve a dispute with its former owner. Customers of Kansas’ largest electric utility soon could be paying nearly $12 million for the company’s purchase earlier this month of 174 megawatts of coal

Buy coal-fired power plants, shut them down and reap cost ...

Buy coal-fired power plants, shut them down and reap cost-plus profits ... to replace the old coal plant. Customers of your monopoly will be required to pay down the capital charges or “rate ...

Florida PSC approves buy of now-doomed Cedar Bay coal plant

Aug 27, 2015 · The Florida Public Service Commission (PSC) on Aug. 27 approved a settlement agreement between the Office of Public Counsel (OPC)—representing consumers in PSC proceedings—and Florida Power & Light (FPL) on FPL’s plan to buy and then quickly shut the coal-fired Cedar Bay power plant.. Filed with the PSC on July 24, the settlement will free FPL customers of

Bill would allow companies that buy retired power plants ...

But with the loss of customers, a former owner of a coal-fired power plant may be left with a smaller pool of customers paying the utility’s rates, critics of the bill say.

One Way to Retire Coal Plants: Buy Out the Owner ...

Jul 28, 2020 · One Way to Retire Coal Plants: Buy Out the Owner. There’s money to be made buying out municipal utilities’ coal plant obligations and replacing them with solar, according to a new analysis ...

Coal power plant owner sees customer savings in exiting by ...

Mar 09, 2020 · BILLINGS, Mont. - Another Colstrip Power Plant owner says it will save customers money by cutting the cord to the southeast Montana generator in five years. Spokane-based Avista Corp. says its customers would save at least $2 million a year if Colstrip Units 3 and 4 were retired at the end of 2025. Ongoing expenses like the cost of coal ash pollution storage are expected to

Coal power plants in the U.S. are closing. Here are the ...

Feb 05, 2020 · Reliable power was NorthWestern Energy’s main consideration last year when it agreed to buy part of Puget Sound’s stake in Colstrip Steam Electric Station, a coal plant

OUC eyes purchase of Osceola power plant as interim step ...

Aug 10, 2021 · OUC currently plans to quit using coal at its towering, flagship power plants in east Orange County, significantly reducing reliance on the fossil fuel by 2025 and halting all

Colstrip owner sees customer savings in exiting by 2025 ...

Four Pacific Northwest utilities own shares of Unit 3 and all face deadlines to stop billing customers for coal assets. Talen Energy, the power plant operator and non-utility owner of Unit 3, has ...

Regulators rip Xcel's proposed $650 million deal for ...

Aug 10, 2019 · Xcel Energy's proposed $650 million purchase of a gas-fired power plant in Mankato has run into strong opposition from two state agencies concerned about its

Seasonal Shutdowns: How Coal Plants That Operate Less Can ...

Dec 20, 2018 · Shutting down a coal plant for eight months of the year could reduce that plant’s emissions by up to 60%. Reducing the output of those power plants represent an opportunity to reduce carbon pollution and reduce customer bills at the same time.

How Arizona Public Service's four corners plant has hurt ...

Oct 01, 2018 · Replacing coal with more coal: how Arizona Public Service’s Four Corners coal plant hurt customers, but earned investors profits. Arizona’s largest electric utility, Arizona Public Service, is back in front of regulators asking for its second rate increase in just over a year to collect $67 million more on an annual basis from its customers.

Alliant says it will close its last Wisconsin coal-fired ...

Feb 02, 2021 · Alliant Energy said Tuesday that it plans to close its Columbia Energy Center — the last of its coal-fired power plants in Wisconsin — by 2024.

End of Kansas coal plants could be sooner rather than ...

Apr 13, 2021 · One key is how the sort of return utility shareholders are promised by state regulators. Without the refinancing, they’re promised about a 9% return on the money they invested in an old power plant. With the refinancing, the company no longer makes a return on the plant and customers only have to pay the interest from the bond – about 2%.

Securitization in Action: How US States Are Shaping an ...

Mar 04, 2021 · Although coal phaseout will create significant societal benefits, current coal customers, workers, and communities face important near-term risks and costs in the transition. Electricity customers all over the world are locked into paying utilities or other power suppliers based on long-term contracts or cost-of-service tariffs, which are in ...

FPL announces plans to buy and phase out another coal ...

Jun 20, 2016 · JUNO BEACH, Fla., June 20, 2016 /PRNewswire/ -- Florida Power & Light Company (FPL) today filed a petition with the Florida Public Service Commission (PSC) to request approval to purchase a coal-fired power plant located in Indiantown, Fla., with which FPL has an existing long-term contract.If approved, the proposal is projected to save FPL customers an estimated $129 million and

It’s Time to Retire, Not ail Out, OVE’s Aging and ...

for imposing regulatory roadblocks on the retirement of coal-fired power plants and for requiring utilities to follow power-plant planning and operating practices that would increase and extend the use of coal and thereby increase significantly both utility costs and customer rates.

Bismarck company buys North Dakota coal-fired power plant

Jun 30, 2021 · BISMARCK, N.D. (AP) — A Bismarck energy marketer that sells wholesale electric power announced Wednesday it will purchase North Dakota’s largest coal-fired power plant from a Minnesota company that had intended to close it if a buyer could not be found.

FPL ends coal-fired power generation - WFTX

Jan 18, 2021 · The formal retirement marks the end of coal in FPL’s power plant operations. In addition, Gulf Power, a division of FPL that provides service to customers in Northwest Florida, ceased coal

Company to buy Panther Creek Nesquehoning plant will be ...

Aug 20, 2021 · The Panther Creek Power Plant in Nesquehoning could be used to mine cryptocurrency. Stronghold Digital Mining, a company formed in Venango County earlier this year, says it has a contract to purchase the plant from its current owner. The company already owns another power plant in Western Pennsylvania, and says it has received over $100 million ...

FPL announces plans to buy and phase out another coal ...

Jun 20, 2016 · FPL announces plans to buy and phase out another coal-fired power plant, saving customers millions of dollars and preventing millions of tons of carbon emissions -

Bismarck Company Buys North Dakota Coal-Fired Power Plant ...

Jun 30, 2021 · A Bismarck energy marketer says it will purchase North Dakota’s largest coal-fired power plant from a Minnesota company that had intended to

1.15-GW Coal Creek Station gains reprieve as Co-op sells ...

Aug 02, 2021 · The sale of North Dakota’s largest coal-fired power plant should put the station’s planned retirement on hold. Great River Energy, a cooperative, will sell the 1.15-GW Coal Creek Station to ...

FPL to Buy and Phase Out Another Florida Coal Power Plant

Jun 20, 2016 · Florida Light and Power (FPL) wants to buy and phase out another coal-fired power plant in Florida, a move it says will save its customers an estimated $129 million.

Plan to Save North Dakota Coal Plant Faces Intense ...

Jul 23, 2021 · Part of the Great River Energy Blue Flint Ethanol plant stands in front of the GRE Coal Creek Station power plant in Underwood, North Dakota, U.S., on Thursday, Feb. 9, 2012.

China Is Still Building an Insane Number of New Coal Plants

Nov 27, 2019 · Coal is an abundant natural resource in China, so the government adopted several energy policies to encourage the construction of coal plants. As a result, the plants

Taking the Long View: How to Empower the Coal and Nuclear ...

Sep 05, 2018 · The White House’s proposal would override customer choice by forcing ratepayers to fund federally mandated use of coal and nuclear power plants. Far from being consumer-focused, the

The coal plant next door | Georgia Health News

Mar 19, 2021 · In the fall of 2016, weeks after Mark Goolsby received the test results from his well water, Georgia Power purchased a string of properties along Luther Smith Road, part of a quiet buying spree in which the company ultimately paid more than $15 million for nearly 1,900 acres of land near five of its 12 coal-fired power plant sites, according to ...

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