31 Dec
2020

Power Company Announces Unexpected Shutdown by Early 2018 of Two More Texas Coal-Fired Plants

first_imgPower Company Announces Unexpected Shutdown by Early 2018 of Two More Texas Coal-Fired Plants FacebookTwitterLinkedInEmailPrint分享Power Magazine:Vistra Energy moved to halt a financial hemorrhage stemming from unprofitable conditions in the Electric Reliability Council of Texas (ERCOT), announcing plans to shutter two more coal-fired power plants—the 1.1-GW Sandow Power Plant (which includes a 2009-built unit) and the 1.2-GW Big Brown plant—in early 2018.The company’s decision made public on October 13 comes on the heels of an announcement last week by Vistra Energy subsidiary Luminary to shutter its 1.9-GW coal-fired Monticello plant in Titus County.Vistra Energy said the coal plant closures are necessary because they are “economically challenged in the competitive ERCOT market.” Specifically, it said, “Sustained low wholesale power prices, an oversupplied renewable generation market, and low natural gas prices, along with other factors, have contributed to this decision.”“This announcement is a difficult one to make,” said Vistra Energy President and CEO Curt Morgan. “It is never easy to announce an action that has a significant impact on our people. Though the long-term economic viability of these plants has been in question for some time, our year-long analysis indicates this announcement is now necessary.”The Sandow plant in Bastrop County, central Texas, has two units, one built in 1981, and the other in 2009. The Big Brown plant in Freestone County also has two units that were brought online between 1971 and 1972.  Sandow and Big Brown are fired with lignite, though Big Brown supplements with Powder River Basin coal.In September 2009, Luminant completed the 581-MW Sandow 5 unit in Milam County, Texas—the first new coal unit build in Texas in 17 years. It uses circulating fluidized bed technology and burns Texas lignite coal. In September 2009, Luminant completed the 581-MW Sandow 5 unit in Bastrop County, Texas—the first new coal unit built in Texas in 17 years. It uses circulating fluidized bed technology and burns Texas lignite coal.Vistra also said it entered into a contract agreement with Alcoa to terminate a long-standing power and mining agreement for the Sandow site. Alcoa will make a one-time payment to Luminant. The Three Oaks Mine in Bastrop County, which supports Sandow, will also close.More: Vistra Closing Two More Giant Uneconomic Coal Plants in Texaslast_img read more

Read More