NRG

IEEFA Research

Opportunity Knocks With Closing of Coal-Fired Power Plant in Upstate New York

Potential Makeover of Tonawanda's Economy May Serve as a National Model

When we published our report about the fading financial viability of the aging Huntley Generation Station in early 2014, the facts showed the facility was all but destined to close. It had marginal usefulness for the region it was built to serve, and the financial drain it placed on NRG, the owner, would be borne […]

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Report- Huntley Generating Station: Coal Plant’s Weak Financial Outlook Calls For Corporate And Community Leadership

Huntley Generating Station: Coal Plant’s Weak Financial Outlook Calls For Corporate And Community Leadership (pdf)      

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More News and Commentary

New York Town’s Post-Coal Transition Seen as Model for Colstrip, Montana

Eric Tegethoff for Public News Service Montana: Although the fate of the Environmental Protection Agency’s Clean Power Plan is up in the air now that Donald Trump has been elected president, at least part of Colstrip’s coal-fired power plant is still likely to close by 2022. Peter DeJesus, field coordinator for Western New York Area […]

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Lessons for When the Power Plant in Your Town Closes

How an Upstate New York Community Organized Around Common Goals and Gained a Lifeline to Economic Transition

NRG Energy’s Huntley plant in Tonawanda, N.Y., closed three months ago because the NRG couldn’t make a profit off selling Huntley power into the market. “We don’t foresee any scenario where the plant would be economically viable,” an NRG spokesman said when the plant’s closing was announced this past December. “This is a reflection of […]

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Data Bite: The Shrinking U.S. Coal-Fired Electricity Map; Here’s a Snapshot From Ohio

A Decline to 59 Percent of Power Generation in 2015 from 82 Percent in 2010

Where better to get a picture of the coal industry’s rapidly declining share of the electric generation pie in the U.S. than Ohio, a battleground state for energy issues?   Coal historically has made up the lion’s share of electricity generation in Ohio, and the coal industry has wielded the political clout to match. Even […]

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NRG Continues to Seek Bailout for Failing Upstate New York Power Plant

Scott Waldman for Politico: A struggling coal-burning power plant outside Buffalo is looking into how much it would cost for ratepayers to subsidize it for another few years of operation. NRG Energy Inc. recently filed a request with the Federal Energy Regulatory Commission to establish a cost for a four-year bailout of the Huntley power […]

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A Choice in Upstate New York as NRG Closes Its Huntley Power Plant

Communities Can Create New Beginnings by Pulling Together

On Aug. 28, NRG Energy announced its intention to retire the Huntley Station power plant in upstate New York. Huntley currently pays a total of $6 million in revenue to our local municipalities and employs 75 workers. The facility is closing for the simple reason that it can’t make a profit by burning coal. Low […]

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Opportunity Knocks With Closing of Coal-Fired Power Plant in Upstate New York

Potential Makeover of Tonawanda's Economy May Serve as a National Model

When we published our report about the fading financial viability of the aging Huntley Generation Station in early 2014, the facts showed the facility was all but destined to close. It had marginal usefulness for the region it was built to serve, and the financial drain it placed on NRG, the owner, would be borne […]

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‘Economics—Not Taxes or the Environment’ Is Driving Huntley Closing

T.J. Pignataro for the Buffalo News: It was economics – not taxes or the environment – that drove the business decision. “We don’t foresee any scenario where the plant would be economically viable,” said David Gaier, NRG’s spokesman. “This is a reflection of the economics of power generation.” Gaier said a trifecta of low prices […]

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Some Utilities Getting Out Ahead of EPA Clean Power Plan

Some utilities are moving aggressively ahead with emissions reductions, through energy efficiency and renewable energy, according to an article by Eric Wolff in SNL Financial. The article highlights Xcel, TVA and NRG as utilities that are ahead of the pack. Xcel aims to reduce emissions 40% over 2005 levels by 2030. TVA, as a result […]

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Western NY Area Labor Federation Affirms Commitment to Just Transition

The Buffalo News reported yesterday that the Western New York Area Labor Federation, AFL-CIO, re-elected its officers at its annual meeting this weekend, and included the issue of “’just transitions,’ which involve helping workers displaced by a shift to clean-energy industries.” Matt Glynn reports that Richard Lipsitz Jr. of the International Brotherhood of Teamsters, was […]

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A Cynical Utility Industry Shows Its Cards (Shift Risk to Ratepayers and Kill Rooftop Solar)

The U.S. utility industry in its annual presentation to investment bankers and analysts last week laid its cards on the table, albeit in cynical fashion. A “Wall Street Briefing” presented and published by the industry’s main public-relations association portrays electric companies of course as fair-minded, free-market purveyors of energy. The reality—as seen in the briefing […]

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