November 21, 2017 Read More →

600 Jobs Gone in Closure of 3 Texas Coal Plants

Longview News-Journal:

Electricity generator Luminant is cutting about 600 jobs as it closes three coal-fired power plants and a mine in Texas.

The Texas Workforce Commission said Monday that Luminant plans to make the layoffs in January.

Luminant previously announced it would shutter its Monticello, Big Brown and Sandow power plants. The filing with regulators puts a number on the affected jobs. It shows 255 workers will lose their jobs at the Three Oaks Mine near Elgin, another 135 will be cut from Shadow Plant Unit 4 and 5 near Rockdale, and another 192 will be laid off from the Monticello plant near Mount Pleasant. All three layoffs are effective Jan. 13, according to filings with the commission.

The company is closing the power plants because of competition from inexpensive natural gas, low wholesale power prices and an increase in renewable generation.

The moves have been ongoing since last year. At the end of 2016, Luminant laid off 132 workers as it shuttered its Oak Hill lignite mine near Tatum.

After a round of layoffs announced in October 2016, Luminant told the Texas Workforce Commission that November it planned to lay off 43 workers from its Martin Lake plant near Tatum.

Luminant is part of Irving-based Vistra Energy Corp., which also owns Texas electric retailer TXU Energy.

Luminant makes job cuts official with filings

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