Two Ohio coal-fired plants to close, deepening industry decline [View all]
Source: Reuters
Mon Mar 20, 2017 | 4:55pm EDT
By Emily Flitter | NEW YORK
Electricity company Dayton Power & Light said on Monday it would shut down two coal-fired power plants in southern Ohio next year for economic reasons, a setback for the ailing coal industry but a victory for environmental activists.
Republican President Donald Trump promised in his election campaign to restore U.S. coal jobs that he said had been destroyed by environmental regulations put into effect by his Democratic predecessor, Barack Obama.
Dayton Power & Light, a subsidiary of The AES Corporation, said in an emailed statement that it planned to close the J.M. Stuart and Killen plants by June 2018 because they would not be "economically viable beyond mid-2018." Coal demand has flagged in recent years due to competition from cheap and plentiful natural gas.
The plants along the Ohio River in Adams County employ some 490 people and generate about 3,000 megawatts of power for coal.
Read more: http://www.reuters.com/article/us-usa-coal-closures-idUSKBN16R2D4
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