Vistra looking to replace coal in Illinois with solar, batteries

Solar panels. Featured Image: pornvit_v/Shutterstock.com

August 21 (Renewables Now) - Vistra Energy (NYSE:VST) hopes for a new legislation to be taken up this fall so it could install solar and battery energy storage facilities at the sites of certain soon-to-be-retired coal-fired power plants in Illinois.

On Wednesday, the company announced it will close the Coffeen, Duck Creek, Havana and Hennepin power plants so that it can meet the requirements of the recently approved revisions to the Multi-Pollutant Standard (MPS) rule imposed by the Illinois Pollution Control Board (IPCB).

The combined capacity that will be retired amounts to 2,068 MW and this will happen by the end of the year, pending certain approvals. The move is expected to result in about 300 job cuts across the four plant sites.

The Irving, Texas-based energy company said that it meanwhile supports the “Coal to Solar and Energy Storage Act of 2019”, which, if adopted, will enable it to develop renewable energy facilities in Illinois by reusing transmission infrastructure and available land at its coal-fueled power plants. Vistra hopes that the Illinois General Assembly takes up the legislation during its fall Veto Session, it said.

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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