colstrip
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Coal
Ownership Shakeup at Colstrip Coal Power Plant
NorthWestern Energy said it will file an application with the Montana Public Service Commission for pre-approval to acquire Puget Sound Energy’s (PSE’s) 25% interest in Colstrip Unit 4, which is a 740-MW coal-fired boiler. The price? $1. “Securing more capacity for only a $1 investment is a unique opportunity that helps give us the time […]
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News
In a Surprise Announcement, Colstrip Units 1 and 2 to Close by Year-End
Talen Montana—part-owner and operator of the Colstrip Steam Electric Station—announced that Units 1 and 2 at the coal-fired power plant will be retired by year-end, well ahead of a previously announced July 2022 closure date. “The decision to retire Colstrip Units 1 and 2 comes after extensive review and exhaustive efforts over the last few […]
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News
Westmoreland Coal Emerges from Chapter 11 Bankruptcy
Westmoreland Coal Co., the nation’s largest independent coal producer, announced March 15 that it has emerged from Chapter 11 bankruptcy and will operate as a new, privately held company. The company, headquartered in Englewood, Colorado, near Denver, said its assets, including three mines in Montana, are now owned and operated by Westmoreland Mining LLC, a […]
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News
Colstrip Power Plant Threatened by Westmoreland Bankruptcy
The Colstrip Power Plant, a four-unit, 2,094-MW coal-fired station located about 100 miles east of Billings, Montana, could see its coal supply contract nullified as a result of Westmoreland Coal Co.’s Chapter 11 bankruptcy reorganization. Westmoreland operates the 25,000-acre Rosebud coal mine, among others. Rosebud is adjacent to the Colstrip plant and supplies almost all […]
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Legal & Regulatory
Nation’s Oldest Independent Coal Producer Files Bankruptcy
Colorado-based Westmoreland Coal Co. on October 9 said it had filed for Chapter 11 bankruptcy, with the company reporting more than $1.4 billion in debt. The company in its annual financial report in April of this year said it was considering bankruptcy in an effort to protect it from creditors. Westmoreland, which has operated for […]
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Coal
Operator Reverses Course, Will Keep Running Montana Coal Plant
The operator of one of the largest coal-fired power plants in the Western U.S. will continue to run the facility, changing course about a year after a company executive said the plant was not economically viable. A spokesman for Talen Energy confirmed to POWER on August 9 that the company will continue to operate the […]
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Power
Colstrip Units 1 and 2 Will Shut Down by 2022
Talen Energy and Puget Sound Energy (PSE), owners of Units 1 and 2 at the Colstrip Power Plant in Montana, have reached an agreement to shut those units down no later than July 2022. The settlement came as a result of a lawsuit brought by the Montana Environmental Information Center and the Sierra Club in […]
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Coal
Colstrip Power Plant Operator Talen Looks Toward the Exits
Talen Energy, which owns a portion of the Colstrip Power Plant in Montana and operates the plant for the five other utilities and holding companies that also own shares, told the other owners on May 23 that it plans to exit as operator by May 2018 because it is losing too much money. The huge […]