Missouri-MJMEUC

IEEFA Research

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus (pdf) By David Schlissel, Director of Resource Planning Analysis, Institute for Energy Economics and Financial Analysis

February 24, 2015 Read More →
Report:  No evidence of a turnaround at Prairie State

Report: No evidence of a turnaround at Prairie State

No Evidence of a Turnaround at Prairie State (pdf) By David Schlissel, Director of Resource Planning Analysis

September 25, 2014 Read More →
Report- Overpriced power: Why Batavia is paying so much for electricity

Report- Overpriced power: Why Batavia is paying so much for electricity

Overpriced power: Why Batavia is paying so much for electricity (pdf) Updated 3/11/2014

February 20, 2014 Read More →
Report- The Prairie State Coal Plant: The Reality vs. the Promise

Report- The Prairie State Coal Plant: The Reality vs. the Promise

Report- The Prairie State Coal Plant: The Reality vs. the Promise (pdf).

August 29, 2012 Read More →

More News and Commentary

BOND ISSUANCES AND PROJECT DOCUMENTS

BOND ISSUANCES AND PROJECT DOCUMENTS

Prairie State Energy Campus

Prairie State Energy Campus (PSEC) participants: Complete list of project participants grouped by public power agency, including power purchase commitments List grouped by state and listed alphabetically Map of Prairie State communities Project agreements: Project Management agreement between Prairie State Generating Company and power agencies Project Participation Agreement among the power agencies Large Generator Connection […]

September 2, 2015 Read More →
Bond Buyer: ‘Report Urges Muni Market to Provide Relief to Prairie State Municipalities’

Bond Buyer: ‘Report Urges Muni Market to Provide Relief to Prairie State Municipalities’

The Bond Buyer this morning profiles IEEFA’s series of commentaries and reports published last week on the poorly performing Prairie State Energy Campus and the economic damage it has caused in towns and cities across the Midwest. The article, by Yvette Shields, highlights IEEFA’s core assertion that investors and the firms that orchestrated the coal-fired […]

April 14, 2015 Read More →
and

The Truth About Prairie State Energy Campus (Part 4): There Are Ways Out of This Bad Deal

A Solution That Requires All Parties to Contribute and That Allows an Honest Assessment of the Plant’s Viability … For most of the history of the more than 200 towns and cities tied today to the failing Prairie State Energy Campus, households and businesses were charged reasonable rates for the electricity they used. That all […]

The Truth About Prairie State Energy Campus (Part 3): A Crippling Burden to Its Many Towns and Cities

The Truth About Prairie State Energy Campus (Part 3): A Crippling Burden to Its Many Towns and Cities

An Ill-Conceived Power Plant Sapping the Economic Vigor of Communities Far and Wide … Imagine, if you will, the small-business pillars of a town shutting their doors suddenly because they can’t pay their bills. Households having to choose between paying their heating bills and buying groceries. Bigger businesses, universities and hospitals being forced to cut […]

The Truth About Prairie State Energy Campus (Part 2): Its Coal Isn’t Cheap

The Truth About Prairie State Energy Campus (Part 2): Its Coal Isn’t Cheap

‘Annual Per Ton Operating Costs of the Mine Remain Higher Than Those Originally Assumed …’ Among the many claims made to dozens of communities across the Midwest and South to induce them to sign onto the Prairie State Energy Campus deal was that it would be supplied by cheap coal from a mine across the […]

April 7, 2015 Read More →
The Truth About Prairie State Energy Campus (Part 1): Failing, Year by Year

The Truth About Prairie State Energy Campus (Part 1): Failing, Year by Year

The Plant Doesn’t Run Like Its Creators said it Would, and Its Electricity Is Overpriced Prairie State Energy Campus failed in 2014 — as it failed in 2012 and 2013 — to provide the reliable, low-cost electricity that Peabody Energy, American Municipal Power, and its other promoters promised when they persuaded more than 200 communities […]

One town sues, one puts electric system up for sale as high power costs of Prairie State plant take their toll

One town sues, one puts electric system up for sale as high power costs of Prairie State plant take their toll

Two stories in the news today reflect the economic struggles of towns who have signed long-term power contracts for electricity from the controversial Prairie State coal plant in Southern Illinois. The plant, originally developed by Peabody Energy, is now 95% owned by municipal power systems covering eight states. The Hermann Advertiser Courier reports that the […]

March 24, 2015 Read More →
2014 – Another Year of Unmet Promises for the Prairie State Energy Campus

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus (pdf) By David Schlissel, Director of Resource Planning Analysis, Institute for Energy Economics and Financial Analysis

February 24, 2015 Read More →
‘Turmoil’ on Prairie State-Paducah Deal; Backlash Grows; U.S. Coal Lobby Digs In

‘Turmoil’ on Prairie State-Paducah Deal; Backlash Grows; U.S. Coal Lobby Digs In

THE BOND BUYER HAS PUBLISHED AN IMPORTANT ARTICLE under the headline “Prairie State Costs Fuel Turmoil at Kentucky’s Paducah Power.” The 1,400-word piece, by Shelly Sigo, appeared last night and lays out how the city of 25,000 is looking for a way out of its costly long-term relationship with Prairie State Energy Campus — and […]

November 6, 2014 Read More →
Report:  No evidence of a turnaround at Prairie State

Report: No evidence of a turnaround at Prairie State

No Evidence of a Turnaround at Prairie State (pdf) By David Schlissel, Director of Resource Planning Analysis

September 25, 2014 Read More →