Dominion to Shutter 515-MW Ind. Coal Plant

Dominion will at the end of next year close the 515-MW State Line Power Station in Hammond, Ind. The coal-fired plant has two units: The first fired up in 1955 and the second, in 1962.

The company said stand-alone coal plants have become less competitive with natural gas power plants as natural gas prices fall and coal prices increase. Dominion’s decision for the closures also factored in proposed U.S. Environmental Protection Agency regulations, which could require major, costly upgrades to the coal plant.