Arizona

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Page, Arizona, Seeks to End Its Economic Reliance on Struggling Navajo Generating Station

Arizona Daily Sun: This city that has staked its success on both the power plant’s operations and outdoor tourism is confronting a potential turning point. Two months ago, Page learned that four of the Navajo Generating Station’s owners will abandon their stake in the power plant at the end of 2019 because low natural gas […]

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Op-Ed: Why Shouldn’t the Navajo Nation Be Part of the U.S. Energy Transition Too?

Navajo Times: The announcement last month by the owners of the Navajo Generating Station that poor economics are forcing them to retire the plant far ahead of schedule – as early as this year – puts the Navajo Nation at a vital crossroads. Down one path is the opportunity to transition to a clean energy […]

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Campaign to Keep Navajo Generating Station Open Runs Up Against Market Forces

Bloomberg News: For more than four decades, the Navajo Generating Station in the dusty Four Corners area of Arizona has been the region’s economic engine, generating jobs and vital government revenue along with 2,250 megawatts of power. Now its utility owners want to start the process of closing the plant as early as July. Their […]

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Federal Subsidies Crucial to Survival of Navajo Generation Station

The Arizona Republic: Navajo Nation political officials are endorsing a plan to ask the federal government for coal subsidies to keep the Kayenta Mine and Navajo Generating Station operating. The coal-fired power plant is not economical for Salt River Project and its other four owners, who voted recently to run it through the end of […]

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Trump Administration’s Retro Energy Policy Undermines Economy of Southwest U.S. (144,000 Solar and Wind Jobs and $83 Billion in Current Capital Investment)

Associated Press: Part of a coal-fired power plant in northwestern New Mexico is still scheduled for retirement despite President Donald Trump’s executive order Tuesday to roll back measures aimed at tackling global warming. And the state’s largest electric provider has no plans to shift gears when it comes to promoting cleaner energy, a spokesman said. […]

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In Seeking White House Intervention, Protectors of Arizona Coal Plant Battle Market Realities

Amy Harder, Russell Gold, and Timothy Puko for the Wall Street Journal: President Donald Trump’s promise to help the coal industry could be facing its first big test: the decision earlier this week to close a large Arizona coal-burning power plant, and a demand that Mr. Trump prevent that shutdown. Majority owners of the Navajo […]

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IEEFA Update: Shutdown of Navajo Generating Station Likely Blows a Hole in Peabody’s Bankruptcy Plan

IEEFA Update: Shutdown of Navajo Generating Station Likely Blows a Hole in Peabody’s Bankruptcy Plan

Company Seen as Unlikely to Meet its Production or EBITDA Projections; Fate of Plant Is Emblematic of Larger Shift

Bankrupt Peabody Energy is being dealt a fresh setback on news this week that owners of the coal-fired Navajo Generating Station don’t expect to keep the plant open past 2019. The 2,500-megawatt station in Northern Arizona is owned by a consortium of public and private utilities with significant service areas in several states. While Peabody […]

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Owners Say Navajo Generation Station Will Close in Two Years

Russell Gold for the Wall Street Journal: Arizona’s Navajo Generating Station, one of the largest coal-burning power plants in the U.S., will keep running through December 2019, but a majority of the plant’s owners said they won’t seek to keep it open after 2019. In a sign of a changing energy marketplace that has turned […]

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Owners of Arizona Coal Plant Say They Will Decide Soon on Proposed Closure

Paul Davenport for the Associated Press: The owners a massive coal-fired power plant in northern Arizona are considering options that include keeping it open but also closing it within the next few years, a spokesman for the plant’s operator said Wednesday. Salt River Project spokesman Scott Harelson said officials of the power district recently met […]

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U.S. Mountain States Are Shifting from Coal to Gas and Renewables

Tom DiChristopher for CNBC: The U.S. Mountain States are moving away from coal, even as President-elect Donald Trump vows to revive the embattled industry. Western states — a stronghold for coal consumption — are increasingly using natural gas and renewable energy for their electricity. The switch puts pressure on miners in Wyoming, the country’s biggest […]

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