Coal / Dayton Power & Light

Two Ohio coal-fired plants to close, deepening industry decline

DAYTON — “Electricity company Dayton Power & Light said on Monday it would shut down two coal-fired power plants in southern Ohio next year for economic reasons, a setback for the ailing coal industry but a victory for environmental activists.

Republican President Donald Trump promised in his election campaign to restore U.S. coal jobs that he said had been destroyed by environmental regulations put into effect by his Democratic predecessor, Barack Obama.

Dayton Power & Light, a subsidiary of The AES Corporation, said in an emailed statement that it planned to close the J.M. Stuart and Killen plants by June 2018 because they would not be ‘economically viable beyond mid-2018.’

The closure follows negotiations between Dayton Power & Light, the Public Utilities Commission of Ohio and stakeholders like the environmental group the Sierra Club over whether the company should be allowed to raise electricity prices to pay for upgrades to keep the plants open.

— Emily Flitter, Reuters

link to full article

Facebooktwittermail
Tags: , ,