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

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 →

Op-Ed: The Truth About Colstrip, and About Montana’s Coal Future in General

Tom and Donovan Power for the Great Falls Tribune: The most basic part of this debate is that the coal industry has been in a slump both domestically and internationally for years. Most of the largest coal companies in the U.S. and most of the major coal companies mining in Wyoming and Montana have had […]

September 27, 2016 Read More →

Montana Retrofit of Failing Coal Plant Would Cost $1.2 Billion

Matthew Brown for the Associated Press: Retrofitting Montana’s largest coal-fired power plant to reduce greenhouse gas emissions would cost at least $1.2 billion, but that price tag could be at least partially offset by selling captured carbon dioxide for use in oil fields, federal officials said Wednesday. Senior U.S. Department of Energy representatives presented the […]

September 1, 2016 Read More →
IEEFA Montana: Closing of Two Coal-Fired Units Is an Acknowledgment of Their Failure to Compete

IEEFA Montana: Closing of Two Coal-Fired Units Is an Acknowledgment of Their Failure to Compete

Lawsuit Settlement Sets Retirement of Colstrip 1 and 2 by 2022


News yesterday that a pair of coal-fired power-generation units in Montana will finally close had an air of inevitability about it. Here’s the lead from the Associated Press story: “The Colstrip coal plant in Montana that serves utility customers across the Pacific Northwest—including Puget Sound Energy customers—agreed to shut down two of its four units and limit […]

Colstrip Will Close Two Coal-Fired Units

Matthew Brown for the Associated Press: A large Montana coal plant serving utility customers across the Pacific Northwest agreed Tuesday to shut down two of its four units by 2022 and limit pollution from the plant until that happens, under a settlement with environmentalists who sued over emission violations. Terms of the partial shutdown of […]

July 13, 2016 Read More →

Op-Ed: ‘How Montana PSC Saved Customers $8 Million’

Ann Hedges for the Billing Gazette: Who should pay when a coal plant breaks down? That was the question before the Montana Public Service Commission recently after one of the larger units at the Colstrip coal-fired power plant was out of service for almost seven months in 2013. The PSC had to decide whether shareholders […]

June 17, 2016 Read More →