POWER Magazine•15 days ago
One Day Prior to Planned Closure, DOE Orders Colorado Coal-Fired Unit to Keep Running
- •The U.S. Department of Energy (DOE) issued an emergency order compelling a Colorado coal-fired power plant to remain operational for at least three additional months, overriding its planned closure.
- •This action signals acute grid reliability concerns in the region, potentially stabilizing local power prices in the short term but introducing significant regulatory uncertainty for future plant retirements and new project development.
- •Direct federal intervention by the DOE to maintain grid stability demonstrates a willingness to override market-driven retirement decisions, impacting long-term planning for developers, large power consumers, and IPPs.
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