Coal, Combined Cycle, New Projects

AES units to retire or refire coal units in Ohio & Indiana

AES Corp. (NYSE: AES) said two units expect to retire or repower coal-fired units in Indiana and Ohio, and build a natural gas-fired power plant, according to Reuters.

One unit, Dayton Power & Light, reportedly told the PJM Interconnection that it plans to retire six coal-fired units at the 390 MW Hutchings coal, gas and oil-fired power plant. The six coal units have a capacity of 365 MW, the article said. The 63 MW Unit 4 has damage to a turbine and is currently out of service. It will be retired by June. The remaining units will be retired by June 2015, the article said. DP&L also owns 207 MW of a coal-fired unit at the Beckjord power plant, which is operated by a unit of Duke Energy (NYSE: DUK). The co-owners told the PJM they plan to retire Unit 6 by June 1, 2015.

Indianapolis Power and Light filed for a certificate to build a $631 million, 650 MW natural gas-fired combined-cycle power plant at its Eagle Valley plant in Indiana. The company plans to close the six units at Eagle Valley. IPL filed its proposal in May and plans to begin construction on the plant in 2014. It is expected to begin commercial operations by April 2017.

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