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KCP&L Greens Its Resource Portfolio, Decides to Close Six Generating Units

KCP&L Greens Its Resource Portfolio, Decides to Close Six Generating Units

SUGAR LAND--June 30, 2017--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Falling windpower prices, flat customer load growth and rising customer participation in energy-efficiency programs convinced Kansas City Power & Light Company (KCP&L) (Kansas City, Missouri), a unit of Great Plains Energy Incorporated (NYSE:GXP) (Kansas City), to retire six older and smaller generators sooner than it had anticipated. Five of the six generators burn coal, and all six began operating in the 1960s, the utility said June 4. In all, the utility will be retiring about 900 MW of generating capacity.

Within this article: The changing face of KCP&L

Other companies featured: NextEra Energy (NYSE:NEE), Westar Energy Incorporated (NYSE:WR)

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