SOMERSET —”In a joint press release, several environmental and activist groups hailed the announced future closure of Brayton Point, noting that barely one month after the sale from Dominion and after completing $1 billion in pollution control upgrades, the new owner said it would be close operations in June 2017.
‘Brayton Point is the largest and most modern coal-fired power plant in New England. If they can’t make a go of it, none of them can,’ said Jonathan Peress, Vice President and Director of the Clean Energy and Climate Program for Conservation Law Foundation. ‘This is a death knell for coal in the region.’…
‘This is big news for local residents who have been working for years for cleaner air and a healthier environment,’ said Becky Smith, campaigns director for Clean Water Action Massachusetts. ‘Now the hard work begins in transitioning this former coal community towards a 21st century innovation economy. We will continue to work alongside community members for resources to move Somerset into a healthy and thriving future.’
Coalition leaders said the ECP announcement was not surprising in light of the perfect storm of factors continuing to put downward pressure on coal plant economics outlined in a report released last February.
Authored by the Institute for Energy Economics and Financial Analysis, the report documented declining revenues making it unlikely Brayton Point would return to profitability and argued the forecast at Brayton Point was indicative of pressure on coal plants across the country.”
by Michael Holtzman, Herald News