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Vistra to close 648MW Coleto Creek coal plant in Texas by 2027

first_img FacebookTwitterLinkedInEmailPrint分享Victoria Advocate:The [648 megawatt] Coleto Creek Power Plant, which generates millions of dollars in tax revenues annually for Goliad County, will shut down by 2027.The Fannin coal plant, which was built in 1980, is closing due to a combination of federal environmental regulations and competition in the Texas energy market, said Brad Watson, director of community affairs for Vistra, the parent company of the plant’s owner-operator.In a memo sent to Goliad County officials this week, Watson said it would be prohibitively expensive for the plant to comply with two recently finalized rules enacted by the U.S. Environmental Protection Agency. One of these regulates the disposal of coal ash and the other limits the level of toxic metals in wastewater discharged from power plants. “Ultimately, compliance with these EPA rules would require investment in new equipment, costing tens of millions of dollars,” the memo said. “This investment cannot be justified based on the underlying economics of the plant and the uncertainty of more stringent regulations under a new presidential administration.”Goliad County Judge Mike Bennett said the plant’s impending closure reinforces the need for officials to seek additional sources of tax revenue. “This does not come as a surprise,” Bennett said Tuesday. “We all knew that the power plant was going to shut down at some point. We’re going to have further discussions with them about trying to bring other industry onto that piece of property.”In addition to the costs imposed by federal regulations, Watson said market pressures contributed to Vistra’s decision to close the plant. The Coleto Creek plant is the smallest of the three coal plants the company’s subsidiary, Luminant, operates in Texas, according to the memo. The plant is designed to be a baseload plant, which means it provides enough power to meet energy demands at any time of day, but it has been operating at just 38% capacity in the first nine months of 2020, which is unusually low, Watson said.The Coleto Creek Power Plant’s closure is part of a broader trend away from coal in the energy industry as a result of environmental regulations and competition from natural gas and renewables. Luminant closed three Texas coal plants in 2018, and in September, Vistra announced plans to shut down all seven of its coal plants in Illinois and Ohio.[Mark Rosenberg]More: Coleto Creek power plant shutting down by 2027 Vistra to close 648MW Coleto Creek coal plant in Texas by 2027last_img read more

Thompson leads Cone-coached Mindanao squad vs loaded Gilas

first_imgPhoto by Tristan Tamayo/ INQUIRER.netLeading vote-getter Scottie Thompson and the rest of the Mindanao All-Stars will have their hands full when it takes on Gilas Pilipinas in the first leg of the 2018 PBA All-Star Week in Digos, Davao del Sur on May 23.Ginebra head coach Tim Cone, who was tasked to lead the selection, reunites with former players Mark Barroca, Peter June Simon, and Rafi Reavis.ADVERTISEMENT Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award MOST READ PBA: Manuel powers Alaska to decimation of Columbian Also part of the Mindanao team are young guns Jio Jalalon, Mac Belo, Baser Amer, and JP Erram, as well as veterans Cyrus Baguio, Sonny Thoss, RR Garcia, and Carlo Lastimosa.The superstars from the South get the first crack on the Nationals, who are starting their preparations for the third window of the 2019 Fiba World Cup qualifiers in June.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownCoach Chot Reyes will be parading a Gilas lineup which is virtually the same as to that 12-man roster he fielded in for the 2017 Seaba Championship last year.Jayson Castro, June Mar Fajardo, and Calvin Abueva headline the loaded national team which seeks to replicate the Nationals’ unblemished record last season. LATEST STORIES Scientists seek rare species survivors amid Australia flames Terrence Romeo also makes his Gilas return in the game, as he will be joined by Gabe Norwood, Japeth Aguilar, Troy Rosario, Allein Maliksi, Roger Pogoy, Matthew Wright, Kiefer Ravena, and Carl Bryan Cruz.After the Mindanao leg, the midseason extravaganza shifts to Batangas City on May 25 before ending in Ilo-ilo on May 27.Sports Related Videospowered by AdSparcRead Next Volcano watch: Island fissures steaming, lake water receding Jo Koy draws ire for cutting through Cebu City traffic with ‘wang-wang’center_img Don’t miss out on the latest news and information. P16.5-M worth of aid provided for Taal Volcano eruption victims — NDRRMC ‘Stop romanticizing Pinoy resilience’ Truck driver killed in Davao del Sur road accident In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Green group flags ‘overkill’ use of plastic banderitas in Manila Sto. Niño feast View commentslast_img read more