38.3 F
Fort Worth
Tuesday, October 27, 2020
Energy Vistra Energy to close coal power plants in Illinois, Ohio

Vistra Energy to close coal power plants in Illinois, Ohio

Other News

Polls, late campaign activity suggest Republican dominance in Texas could be at risk

By Alex Samuels and Patrick Svitek, The Texas Tribune Oct. 27, 2020 "Polls, late...

Michael Bloomberg to spend $15 million on TV ads for Biden in Texas and Ohio after seeing tight polling

By Alex Samuels, The Texas Tribune Oct. 27, 2020 "Michael Bloomberg to spend $15...

Independent Bank Group: 3Q Earnings Snapshot

MCKINNEY, Texas (AP) _ Independent Bank Group Inc. (IBTX) on Monday reported third-quarter earnings of $60.1 million.The bank, based in McKinney, said...

Tarrant County reports 4 COVID deaths on Tuesday

Tarrant County Public Health on Tuesday, Oct. 27 reported four COVID-19 deaths. The deceased include two women in Fort Worth--one in her...

Vist
CHICAGO (AP) — A Texas-based company has announced the closure of its remaining coal-fired power plants in Illinois and three in Ohio as part of a plan to transition to renewable energy and reduce the company’s carbon footprint.

Vistra Energy had already shuttered four Illinois plants in Canton, Coffeen, Havana and Hennepin and agreed to close another near Peoria in a legal settlement with environmental groups.

But the Houston-based company announced recently that it plans to close the four remaining Illinois coal plants within a decade, including Baldwin Power Plant in Randolph County. It’ll also close three Ohio plants.
“Vistra’s commitment to our transformation to a low-to-no-carbon future is unequivocal and offers unique opportunities for growth and innovation,” Curt Morgan, the company’s president and CEO, said in a statement.

However, Republican U.S. Rep. Mike Bost of Murphysboro, said the decision would affect 130 Illinois families.
He called the decision “deeply disappointing,” saying he’s afraid more coal-powered plants could close if Democrats seek climate proposals favoring clean energy.
Environmental groups praised the development.
“Supporting a fair and robust economic and community transition is a critical next step for Illinois and Ohio,” said Mary Anne Hitt, the Sierra Club’s national campaigns director.
Roughly 15% of the electricity generated in Illinois last year came from Vistra coal plants. But The Chicago Tribune cites federal records that show the company’s fleet was responsible for nearly half the carbon dioxide and sulfur dioxide emitted in 2019 by Illinois’ power plants.

Latest News

Michael Bloomberg gives $2.6 million to Texas Democrat running for railroad commissioner

By Patrick Svitek, The Texas Tribune Oct. 26, 2020 "Michael Bloomberg gives $2.6 million...

Trump intensifies fracking assault on Biden in Pennsylvania

By MARC LEVY Associated PressHARRISBURG, Pa. (AP) — In a late gambit to win the battleground state of Pennsylvania, President Donald Trump...

Donald Trump and Joe Biden sparred over Texas’ energy industry and global warming during final presidential debate

By Abby Livingston, The Texas Tribune Oct. 22, 2020 "Donald Trump and Joe Biden...

Biden calls for ‘transition’ from oil, GOP sees opening

By KATHLEEN RONAYNE and ELLEN KNICKMEYER Associated PressDemocrat Joe Biden's debate remarks that he would "transition" away from the oil industry in...

Halliburton: 3Q Earnings Snapshot

HOUSTON (AP) _ Halliburton Co. (HAL) on Monday reported a third-quarter loss of $17 million, after reporting a profit in the same...