August 30, 2018 Read More →

FirstEnergy submits plans to close Mansfield, Sammis coal plants

S&P Global Market Intelligence ($):

FirstEnergy Solutions Corp. will shut down the largest coal-fired plant in its fleet as part of more than 4,000 MW of coal and oil capacity it plans to deactivate in Ohio and Pennsylvania in 2021 and 2022.

FirstEnergy Solutions, or FES, in an Aug. 29 news release said it has notified regional grid operator PJM Interconnection of its plans to deactivate four fossil-fuel plants, representing about 4,017 MW of capacity, due to unfavorable market conditions.

The bankrupt competitive subsidiary of Akron, Ohio-headquartered FirstEnergy Corp. said it will deactivate the 2,490-MW Bruce Mansfield coal plant in Beaver County, Pa., by June 1, 2021. FES also will deactivate the 24-MW Eastlake CT unit in Lake County, Ohio, and 13-MW W.H. Sammis IC diesel oil unit by June 1, 2021.

In addition, FES will deactivate W.H. Sammis units 5-7, representing 1,490 MW of coal-fired capacity, in Jefferson County, Ohio, by June 1, 2022. FirstEnergy announced in July 2016 that it will retire the first four 180-MW units at its 2,210-MW W.H. Sammis plant in May 2020 because of challenging conditions in the PJM market.

“FES is closing the plants due to a market environment that fails to adequately compensate generators for the resiliency and fuel-security attributes that the plants provide,” the company said in the news release. “In the interim, the plants will continue normal operations.”

The plant closures are subject to review by PJM.

More ($): FirstEnergy Solutions to shut down 4,000 MW of coal capacity

 

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