Reports related to this article:
Project(s): View 6 related projects in PECWeb
Plant(s): View 9 related plants in PECWeb
Released September 10, 2018 | SUGAR LAND
en
Researched by Industrial Info Resources (Sugar Land, Texas)--The outlook for the nation's coal-fired power producers is only getting dimmer. Despite frequent intervention (or at least proposals thereof) by the Trump administration, no new coal-fired plants are being considered and existing ones continue to close their doors. The latest is FirstEnergy Corporation's (NYSE:FE) (Akron, Ohio) Bruce Mansfield Power Station, the largest coal-fired plant in Pennsylvania. Industrial Info is tracking $2.5 billion in active projects involving FirstEnergy, the bulk of which are in Pennsylvania and Ohio.
Click on the image at right to see a graph detailing active FirstEnergy projects, by state.
The Bruce Mansfield Power Station in Shippingport, Pennsylvania, has been operational since 1976 and has a designed capacity of more than 2,740 megawatts (MW). FirstEnergy said the plant will continue with normal operations until June 2021, when it is scheduled to shut down. In a statement, the company blamed "a market environment that fails to adequately compensate generators for the resiliency and fuel-security attributes that the plants provide," which is consistent with its pleas to the Trump administration for federal aid, according to NPR. Though the administration has voiced support for such action, the only real plan to emerge was turned down in January by the U.S. Federal Energy Regulatory Commission (FERC). For more information, see Industrial Info's plant profile.
The planned closure is a blow to Pennsylvania's Beaver County, which will lose more than 250 jobs and a significant part of its tax base, according to the Tribune-Review. For more than a year, FirstSolutions has been at work on the estimated $140 million coal combustion residual (CCR) ash pond closure at the plant, to comply with CCR regulations. The 936-acre ash landfill services three dry-bottom, opposed-fired boilers. For more information, see Industrial Info's project report.
The news about the Mansfield plant follows the announced closures of at least two other coal-fired power plants: the Pleasants Power Station in Willow Island, West Virginia, and the W.H. Sammis Power Station in Stratton, Ohio. The Pleasants plant, which has a capacity of 2,233 MW, is set to close at the beginning of 2019, while the Sammis plant, which has a capacity of 1,300 MW, will close its diesel oil units in mid-2021 and its coal units in mid-2022.
The company tried last year to shift ownership of the Pleasants plant to its utility subsidiaries in West Virginia, but FERC nixed the idea, according to Energy News Network. For more information, see Industrial Info's profiles on the Sammis and Pleasants plants.
"As with nuclear, our fossil-fueled plants face the insurmountable challenge of a market that does not sufficiently value their contribution to the security and flexibility of our power system," said Don Moul, the president of FirstEnergy, in an recent press release announcing the planned closures.
Earlier this year, FirstEnergy Solutions (FES) joined its subsidiaries and FirstEnergy Nuclear Operating Company (FENOC) in filing for Chapter 11 bankruptcy and announced that its four nuclear units would be deactivated or sold during the next three years: the two-unit Beaver Valley complex near Pittsburgh, Pennsylvania; the one-unit Davis-Besse plant near Toledo, Ohio; and the one-unit Perry plant near Cleveland, Ohio. For more information, see Industrial Info's profiles of the Beaver Valley, Davis-Besse and Perry plants, and April 6, 2018, article - Investors Yawn after FirstEnergy Unit Files Chapter 11, Plans to Close Four Nuclear Units.
Nonetheless, FirstEnergy has a series of transmission-related projects under construction across Pennsylvania and Ohio. In Pennsylvania, the company is a work on the $48 million Bedford North-to-Central City line, which runs 17.6 miles from the company's substation in northern Bedford to its substation in western Central City, and the $15.8 million Pierce Brook-to-Lewis Run line, which runs 15 miles from its substation in Smethport to its substation in Bradford Township. Both projects are expected to be complete by the end of the year. For more information, see Industrial Info's reports on the Bedford and Pierce Brook projects.
In Ohio, three smaller projects are nearing or under construction: the $25 million expansion of the Broadview Substation in Springfield, which is a key part of a local reinforcement project; the $10 million Broadview to East Springfield tie-in, which will run 5.5 miles from the substation to the East Springfield transmission line; and the $5 million Broadview to Clark tie-in, which will run 2.2 miles from the substation to the Clark transmission line. For more information, see Industrial Info's reports on the substation expansion, East Springfield tie-in and Clark tie-in.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
Click on the image at right to see a graph detailing active FirstEnergy projects, by state.The Bruce Mansfield Power Station in Shippingport, Pennsylvania, has been operational since 1976 and has a designed capacity of more than 2,740 megawatts (MW). FirstEnergy said the plant will continue with normal operations until June 2021, when it is scheduled to shut down. In a statement, the company blamed "a market environment that fails to adequately compensate generators for the resiliency and fuel-security attributes that the plants provide," which is consistent with its pleas to the Trump administration for federal aid, according to NPR. Though the administration has voiced support for such action, the only real plan to emerge was turned down in January by the U.S. Federal Energy Regulatory Commission (FERC). For more information, see Industrial Info's plant profile.
The planned closure is a blow to Pennsylvania's Beaver County, which will lose more than 250 jobs and a significant part of its tax base, according to the Tribune-Review. For more than a year, FirstSolutions has been at work on the estimated $140 million coal combustion residual (CCR) ash pond closure at the plant, to comply with CCR regulations. The 936-acre ash landfill services three dry-bottom, opposed-fired boilers. For more information, see Industrial Info's project report.
The news about the Mansfield plant follows the announced closures of at least two other coal-fired power plants: the Pleasants Power Station in Willow Island, West Virginia, and the W.H. Sammis Power Station in Stratton, Ohio. The Pleasants plant, which has a capacity of 2,233 MW, is set to close at the beginning of 2019, while the Sammis plant, which has a capacity of 1,300 MW, will close its diesel oil units in mid-2021 and its coal units in mid-2022.
The company tried last year to shift ownership of the Pleasants plant to its utility subsidiaries in West Virginia, but FERC nixed the idea, according to Energy News Network. For more information, see Industrial Info's profiles on the Sammis and Pleasants plants.
"As with nuclear, our fossil-fueled plants face the insurmountable challenge of a market that does not sufficiently value their contribution to the security and flexibility of our power system," said Don Moul, the president of FirstEnergy, in an recent press release announcing the planned closures.
Earlier this year, FirstEnergy Solutions (FES) joined its subsidiaries and FirstEnergy Nuclear Operating Company (FENOC) in filing for Chapter 11 bankruptcy and announced that its four nuclear units would be deactivated or sold during the next three years: the two-unit Beaver Valley complex near Pittsburgh, Pennsylvania; the one-unit Davis-Besse plant near Toledo, Ohio; and the one-unit Perry plant near Cleveland, Ohio. For more information, see Industrial Info's profiles of the Beaver Valley, Davis-Besse and Perry plants, and April 6, 2018, article - Investors Yawn after FirstEnergy Unit Files Chapter 11, Plans to Close Four Nuclear Units.
Nonetheless, FirstEnergy has a series of transmission-related projects under construction across Pennsylvania and Ohio. In Pennsylvania, the company is a work on the $48 million Bedford North-to-Central City line, which runs 17.6 miles from the company's substation in northern Bedford to its substation in western Central City, and the $15.8 million Pierce Brook-to-Lewis Run line, which runs 15 miles from its substation in Smethport to its substation in Bradford Township. Both projects are expected to be complete by the end of the year. For more information, see Industrial Info's reports on the Bedford and Pierce Brook projects.
In Ohio, three smaller projects are nearing or under construction: the $25 million expansion of the Broadview Substation in Springfield, which is a key part of a local reinforcement project; the $10 million Broadview to East Springfield tie-in, which will run 5.5 miles from the substation to the East Springfield transmission line; and the $5 million Broadview to Clark tie-in, which will run 2.2 miles from the substation to the Clark transmission line. For more information, see Industrial Info's reports on the substation expansion, East Springfield tie-in and Clark tie-in.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
