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Dynegy Announces Plan to Close Coal-Fired Power Generation Units in Illinois

LCG, May 5, 2016--Dynegy Inc. announced Tuesday that it plans to close multiple coal-fueled units in Illinois. Dynegy will request that MISO remove 1,835 MW from MISO Zone 4. An additional 500 MW are targeted for shutdown, and a final determination is likely later this year. Earlier this year, Dynegy announced the 465 MW Wood River Power Station would also retire. In total, 2,800 MW of generation from Illinois are expected to be retired, which equates to approximately 30 percent of the power generation capacity in Southern Illinois.

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EDF Renewable Energy obtains groSolar!

LCG, May 5, 2016--EDF Renewable Energy has announced that it purchased groSolar on April 29. Global Resources Options, Inc., or groSolar, is a privately-owned engineering, procurement, and construction company with offices in Maryland and Vermont.

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Industry News

NRC Extends Operating License for Entergy's Vermont Yankee Nuclear Plant

LCG, March 23, 2011--The U.S. Nuclear Regulatory Commission (NRC) issued on Monday a 20-year license extension to the Vermont Yankee nuclear plant, a 605-MW, nuclear reactor that is owned and operated by Entergy Corp. The existing operating license is scheduled to expire in March 2012.

Entergy's ability to extend the operating life of the plant remains somewhat uncertain, as Entergy apparently agreed to seek state approval to extend the life of the plant when the facility was acquired. Last year, the Vermont Senate voted against relicensing, and the new Governor (and former Senate pro tem) of Vermont is opposed to relicensing.

The recent earthquake, tsunami, and related challenges to control nuclear plant operations in Japan have elevated the concerns. A Vermont representative stated, "The radioactive release in Japan is the result of inundation by water.... We may be a seismically inactive area but we do face the power of water if nature decides to inundate the Vermont Yankee plant. Is it-- and the emergency support systems around it-- up to the task of protecting the people of Vermont?"
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