Talen

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 […]

More News and Commentary

Talen to close two units at Colstrip by end of 2019

Associated Press: The company that operates a coal-fired power plant in eastern Montana said Tuesday it will close two of the plant’s four units about 30 months ahead of schedule because of the high cost of running them and the unwillingness of its coal supplier to lower prices. Talen Montana said in a statement the […]

June 12, 2019 Read More →

Montana’s Colstrip bailout bill defeated, for now

S&P Global Market Intelligence ($): A bill meant to save the Colstrip power plant in Montana is dead for now, but NorthWestern Corp. hopes lawmakers will revive the idea in other legislation before the session ends May 1. The bill was one of the most controversial pieces of legislation in this year’s session. Republican state […]

April 18, 2019 Read More →

Environmentalists push strict coal ash cleanup plan as a jobs initiative for Colstrip area

Billings Gazette: A Montana conservation group is urging the state to hold Colstrip power plant ash pond cleanup to the highest possible standard, a move it says would keep 218 workers employed for a decade. Drawing on its federally funded 2019 study of Colstrip cleanup options, the Northern Plains Resource Council said Wednesday that completely […]

April 8, 2019 Read More →

Montana Republicans introduce revised bill to save Colstrip coal plant

Billings Gazette: Republican legislators are taking another run at bailing out Colstrip Power Plant, capping some costs, but still obligating NorthWestern Energy customers to a 30-year repayment plan of the utility’s $407 million Colstrip investment. The new legislation, SB 331, which was introduced Wednesday, comes after Billings Sen. Tom Richmond announced that he’ll abandon his […]

March 14, 2019 Read More →

Washington legislators push plan to force state’s utilities to be carbon-neutral by 2030

S&P Global Market Intelligence ($): The Washington Senate passed a bill to require utilities to stop using coal-generated power by the end of 2025 and make all retail sales of electricity greenhouse gas-neutral by 2030. The bill would impact Puget Sound Energy Inc., the state’s largest utility, as well as Avista Corp. and Berkshire Hathaway […]

March 5, 2019 Read More →

Former, current owners take fight over Montana’s troubled Colstrip coal plant to court

KPAX.com: Pennsylvania-based PPL Corp. filed its own lawsuit Friday in a legal dispute with the Colstrip power-plant operator over $733 million in proceeds from the 2014 sale of a dozen Montana hydroelectric dams. Talen Energy, which operates the four coal-fired power plants in Colstrip in southeast Montana, sued PPL in state District Court in late […]

December 3, 2018 Read More →

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 →

Colstrip Operator Talen Energy Wants Out

From KTVQ Helena: The operator of the four coal-fired power plants at Colstrip told plant owners Monday it plans to exit as operator within two years, MTN News has learned. State Sens. Jim Keane and Duane Ankney confirmed Monday they’d been told Talen Energy of Allentown, Pa., informed the plants’ utility owners that it no […]

May 24, 2016 Read More →
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 […]

and

IEEFA Analysis of Colstrip 1 and 2 Finds Outlook for Two Coal-Fired Electricity Plants in Montana Worse Than Previously Known

Testimony to the Washington State Utilities and Transportation Commission on an
‘Increasingly Perilous Proposition for Puget Sound Energy and Its Customers’


OLYMPIA, Wash, March 3, 2016 (IEEFA) — The Institute for Energy Economics and Financial Analysis is presenting testimony to the state Utilities and Transportation today that shows how two aging coal-fired electricity generators co-owned by Puget Sound Energy in Montana are worse investments than previously known. The testimony, by IEEFA Director of Resource Planning Analysis David […]

and March 4, 2016 Read More →