Donald J. Trump is the worst energy President of all time. That takes a lot of doing. Jimmie Carter was real bad on Nuclear Power. George Bush was seriously bad on natural gas and oil. But this alleged policy maker pledged, during the the 2016 campaign, that he would SAVE coal. Under his Presidency the Coal Market has plummeted as has its usage. Even though foreign markets were promised, they have plunged too. Oil futures at one point were trading in negative territory for the first time ever and Nuclear Power Plants are closing. He is opposed to Wind and Solar as they spread across the land. I have a wind turbine within 15 minutes of my house in Riverton and I have a house with total roof solar panels around the corner from me. That says to me that the Cheeto Burito is about to lose office. We shall see.
Southern Illinois Power Co-op plans to shutter its largest coal-fired unit this fall
MARION — Southern Illinois Power Cooperative plans to retire its largest coal-fired generator as early as this fall, a move that is expected to save $125 million over a decade.
President and CEO Don Gulley said the tentative decision is the result of analysis and negotiations that have been ongoing since late 2019. Gulley said SIPC utilized outside consultants to help it perform a comprehensive review of operations and determine the best path forward. The decision to close Unit 4, as it is known, was based on two primary factors, he said: sustained low energy prices in the wholesale power market, and increasingly costly environmental regulations for coal-fired generators.
As a result, up to 26 of the plant’s 82 employees are expected to face layoffs. Those employees are to receive a severance package under the terms of an agreement ratified by the IBEW Local 702, which represents workers, Gulley said.
SIPC is a generation and transmission cooperative located on the shores of Lake of Egypt that provides wholesale electric power to seven member distribution cooperatives, and the city of McLeansboro. It is jointly owned and governed by the distribution cooperatives, which are: Egyptian Electric Cooperative Association; Clinton County Electric Cooperative, Inc.; Monroe County Electric Co-Operative, Inc.; SouthEastern Illinois Electric Cooperative, Inc.; Southern Illinois Electric Cooperative; Tri-County Electric Cooperative, Inc.; and Clay Electric Co-operative, Inc.
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