AMP Generating Station

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Uncomfortable Questions in the Wake of Peabody’s Sale of Its Remaining Stake in a Costly Midwestern Coal-Fired Plant

Uncomfortable Questions in the Wake of Peabody’s Sale of Its Remaining Stake in a Costly Midwestern Coal-Fired Plant

Prairie State Energy Campus Is Worth Only a Fraction of the $5 Billion Local Municipalities and Regional Power Authorities Owe on It

Peabody Energy’s decision to sell its share of the Prairie State Energy Campus for 23 percent of its original value is just the most recent—but perhaps the starkest—reminder that this project is a financial failure. IEEFA has chronicled financial weaknesses of the Illinois plant since before it opened in 2012, and warnings around its viability […]

January 22, 2016 Read More →
Five Years On, Millions in Costs From AMP’s Cancelled Coal Plant Still Hang Over Towns and Cities

Five Years On, Millions in Costs From AMP’s Cancelled Coal Plant Still Hang Over Towns and Cities

By Sandy Buchanan Five years ago this Thanksgiving, newspaper headlines across Ohio announced the cancellation of a coal-fired power plant that American Municipal Power (AMP) had planned to build along the Ohio River.  AMP and 81 of its member communities in Ohio, Virginia, West Virginia, and Michigan was scrapping plans to build the 1000-megawatt coal […]

November 26, 2014 Read More →
Painesville might never get its $2 million back after federal ruling

Painesville might never get its $2 million back after federal ruling

By Devon Turchan, The News-Herald,  PAINESVILLE – “As a result of a federal court ruling, the city of Painesville is less likely to see the more than $2 million it paid out of its electric fund toward the construction of a Meigs County power plant that was never built. American Municipal Power Inc. took action […]

April 7, 2014 Read More →
Ruling limits AMP in damages from halted power plant

Ruling limits AMP in damages from halted power plant

By Mickey Powell, Martinsville Bulletin -“A federal judge’s order earlier this week means Martinsville will not be able to get out of paying some of the development costs toward a discontinued power plant project in Ohio, according to City Attorney Eric Monday…. AMP’s lawsuit, filed in 2011, sought $97 million in damages from Bechtel, a […]

April 3, 2014 Read More →
Presentation Archives

Presentation Archives

White Paper: Financial Risks of Investments in Coal,  As You Sow, by Tom Sanzillo and Leslie Lowe, June 2011 Power4Georgians Plant Washington Coal-Fired Power Plant: Too High a Price for Consumers, prepared for Georgia Watch, by Tom Sanzillo, June 22, 2011 Comments on PGE 2009 Integrated Resource Plan, Comments filed in Oregon PUC Docket No. […]

June 1, 2011 Read More →