Power Magazine: Monticello Goes Under, More Coal and Nuclear Imperiled in Texas
Oct 12, 2017 | News Roundup
Oct. 11 — A week after the Department of Energy (DOE) proposed a rule to bolster uneconomic coal and nuclear generators in competitive power markets, Luminant announced that an “unprecedented low power price environment” will force it to retire a 1.9-GW coal-fired power plant operating in the Texas market. The plant’s economic woes suggest a larger swath of Texas baseload generators may face a similar fate.