Tag: Illinois
8 Rivers Unveils 560 MW of Allam Cycle Gas-Fired Projects for Colorado, Illinois
The post 8 Rivers Unveils 560 MW of Allam Cycle Gas-Fired Projects for Colorado, Illinois appeared first on POWER Magazine.
8 Rivers Capital, inventor of a novel supercritical carbon dioxide (CO2) cycle, plans to begin operating a 280-MW NET Power natural gas–fired plant within the Southern Ute Indian Reservation in southwest Colorado by 2025. The company on April 15 also said it will team with agricultural and processing firm Archer-Daniels-Midlands Co. (ADM) to locate a 280-MW NET Power facility in Decatur, Illinois.
The proposed projects are a giant leap forward for Durham, North Carolina- headquartered venture capitalist firm 8 Rivers, and NET Power, a firm it holds jointly with industry backers that is working to commercialize the Allam Cycle.
Despite intense interest from industry, NET Power has been quiet about developments surrounding the potentially revolutionary technology, including any achievements at a NET Power test facility in La Porte, Texas. The company marked its last substantial technology triumph in May 2018, when it achieved first-fire of a novel commercial-scale 50-MWth combustor at the La Porte facility. …
Vistra Backs Illinois Transition Measure to Keep At-Risk Coal Plants Online Through 2025
The post Vistra Backs Illinois Transition Measure to Keep At-Risk Coal Plants Online Through 2025 appeared first on POWER Magazine.
Bleeding financially from underperforming and legally burdened coal generation in downstate Illinois and elsewhere, Vistra, the nation’s largest competitive generator, has renewed its call for passage of the Illinois Coal to Solar and Energy Storage Act, a bill that could help keep 2.2 GW of existing at-risk capacity online through 2025 while the state expands its renewable and storage capacity.
The Irving, Texas–headquartered company said it renewed its support for the bill owing to “mounting financial and legal pressures that now come from operating coal plants.” The announcement came as the company accelerated the closure of the 1.2-GW Joppa Power Plant in September 2022—three years earlier than previously disclosed—to settle a complaint related to pollution exceedances in Illinois.
Vistra’s Heavily Burdened Coal Fleet
The Joppa plant, which opened in 1953, has six coal units with a combined capacity of 1 GW, as well as five natural gas units with a combined capacity of 239 MW.…
Vistra Will Close Another Illinois Coal Plant
The post Vistra Will Close Another Illinois Coal Plant appeared first on POWER Magazine.
A Vistra Energy subsidiary on Sept. 16 said it will close the nearly 60-year-old E.D. Edwards coal-fired plant in Bartonville, Illinois, by year-end 2022 under a settlement between the company and environmental groups the Sierra Club, the Natural Resources Defense Council, and the Respiratory Health Association. The groups made a joint announcement Monday of the agreement.
The environmental groups had sued in 2013 in an attempt to force the plant to adhere to emissions regulations. Vistra, in its second-quarter 2019 U.S. Securities and Exchange Commission filing, said a bench trial in the case had been scheduled for the end of September. “We dispute the allegations and will defend the case vigorously,” the company said in the SEC filing earlier this year, prior to the settlement.
Vistra’s Illinois power-generation unit—Illinois Power Resources Generating (IPRG), an affiliate of Vistra-owned Luminant—in a statement Monday said: “The proposed settlement resolves a long-running lawsuit while providing three years of certainty for the more than 70 employees working at the Edwards plant and, importantly, a transition period for the community to plan for the plant closure.…