Tri-State Will Close Its Last Coal Units in Colorado, New Mexico
The post Tri-State Will Close Its Last Coal Units in Colorado, New Mexico appeared first on POWER Magazine.
Colorado-based power cooperative Tri-State Generation and Transmission Association on Jan. 9 announced it will retire its lone New Mexico coal-fired unit by the end of this year, and cease operations of its remaining Colorado coal units, and the company’s coal mine, by 2030.
Tri-State, which said the closures will impact about 600 workers, said state regulations, economics, and demand for cleaner energy from its members are behind the move.
“Serving our members’ clean energy and affordability needs, supporting state requirements and goals, and leading the fundamental changes in our industry require the retirement of our coal facilities in Colorado and New Mexico,” said Rick Gordon, chairman of the board of Tri-State, in a news release. “As we make this difficult decision, we do so with a deep appreciation for the contributions of our employees who have dedicated their talents and energy to help us deliver on our mission to our members.”…