Colstrip

IEEFA Research

IEEFA Analysis: Financial Condition of Montana’s Colstrip 1 and 2 Worse Than Previously Known


IEEFA Analysis: Financial Condition of Montana’s Colstrip 1 and 2 Worse Than Previously Known


Costs to Ratepayers Stand to Increase if Puget Sound Keeps Two Coal-Fired Plants Alive

In testimony today to the state Utilities and Transportation Commission in Olympia, Wash., we are presenting fresh analyses that shows how two coal-fired electricity generators in Montana co-owned by Puget Sound Energy are worse investments  than previously known. Over the past several months, IEEFA has documented how Colstrip 1 and 2 have become an increasingly […]

Study Concludes That Colstrip 1 and 2 Are Financially Unviable; Cautions Against Further Expenditures

Study Concludes That Colstrip 1 and 2 Are Financially Unviable; Cautions Against Further Expenditures

In an Era of Low Natural-Gas Prices and Competition From Renewable Energy, Phasing Out Two Coal-Fired Units Is the Best Option for Owners

JUNE 23, 2015 (IEEFA) — An analysis of data on operational costs and energy markets by the Institute for Energy Economics and Financial Analysis questions the financial viability of the two oldest units at the Colstrip coal-fired power plant in eastern Montana. Colstrip Units 1 and 2, which are owned equally by Talen Montana and Puget Sound […]

June 23, 2015 Read More →

More News and Commentary

Emissions force Talen to take Colstrip coal units offline

Billings Gazette: Colstrip Power Plant, one of the largest electricity generators in the northwestern United States, has been shut down for at least a month because of air pollution problems, The Billings Gazette has learned. Talen Energy, which operates the plant, is trying to dispel rumors that newer portions of the four-generator power plant have […]

July 25, 2018 Read More →

New Washington State Rules Are Another Blow to Colstrip Coal Plant

The Seattle Times: State regulators this week stepped up their activism on the climate front by telling three utilities to reconsider the carbon-emission costs of producing electricity from coal and other fossil fuels. The Washington Utilities and Transportation Commission directives were sent to Puget Sound Energy, Avista Corp and Pacific Power, which collectively serve more […]

May 10, 2018 Read More →

Another Step Toward Closure of Major Montana Coal Plant

Billings Gazette: A second Colstrip owner has agreed to be financially ready nine years from now to the shutter the coal-fired power plant’s newest units. Avista Corp., of Spokane, Washington, is putting December 2027 as the end of “remaining useful life” for Colstrip Units 3 and 4. That means the Washington utility will be financially […]

March 21, 2018 Read More →

In Colstrip, Montana, a Sense of the Inevitable

KTVH (Helena): The future of the nation’s coal industry was in the spotlight this week during the State of the Union speech, but here in Montana, things seemed much more dim. President Trump declared the war on energy and the war on clean coal over in his speech, but a new report by the Institute […]

February 2, 2018 Read More →

Department of Interior’s Misstatement on Montana Mine Expansion Causes Short-Lived ‘Market Sensation’

Montana Public Radio: We’re getting perspective now on last week’s news that the U.S. Interior Department said it had approved a major coal mine expansion in Montana. It caused the stock of the mining company involved to temporarily spike. Six days later, Interior rescinded its statement, saying no expansion was approved, and the original approval […]

January 4, 2018 Read More →

As Long-Running Colstrip Power Plant Faces Closure, Discussions Take a Sharp Turn Toward Transition

Billings Gazette: Colstrip Power Plant’s largest owner will be financially ready to shutter the entire coal-burning facility by 2027, nearly two decades earlier than anticipated just a few years ago. The accelerated schedule is spelled out in Puget Sound Energy’s legal settlement filed Friday with the Washington Utility and Transportation Commission. The date speaks specifically […]

September 18, 2017 Read More →

Montana Proceeds With Plan for Colstrip Bailout

SNL: A bill giving Talen Energy Corp. the chance to seek up to $10 million per year in loans for five years to pay for operations and maintenance of the Colstrip power plant in Montana is on its way to Gov. Steve Bullock. The state Senate on April 13 voted 31-19 in favor of House […]

April 17, 2017 Read More →

How a Post-Coal Transition Model in Upstate New York Might Work in Montana

Ed Kemmick for KTVQ Billings: Compared with the coal-fired power plant in Colstrip, the Huntley Generating Station in Tonawanda, N.Y., was not all that large. At its height, when all six units of the Huntley plant were operating, the power station could generate up to 598 megawatts of electricity – compared to a capacity of […]

November 18, 2016 Read More →

Research Note: How Difficult Would It Be to Turn Back the EPA’s Clean Power Plan?

From UBS: CPP can be changed under Trump, but lots of hoops to jump through We held our latest conference call with Tom Lorenzen of Crowell & Morning to analyze what could happen to the Clean Power Plan putting a deeper context on the back of the latest election results. Mr. Lorenzen has over a […]

November 18, 2016 Read More →

New York Town’s Post-Coal Transition Seen as Model for Colstrip, Montana

Eric Tegethoff for Public News Service Montana: Although the fate of the Environmental Protection Agency’s Clean Power Plan is up in the air now that Donald Trump has been elected president, at least part of Colstrip’s coal-fired power plant is still likely to close by 2022. Peter DeJesus, field coordinator for Western New York Area […]

November 15, 2016 Read More →