Chattanooga Times Free Press
Ohio coal plant to close by 2022
Vistra, the largest power supplier in Texas, is accelerating its move away from coal with an earlier-than-expected closure of an Ohio power plant.
Vistra said Monday that it will close the Zimmer Power Plant in Moscow, Ohio, by mid-2022, years earlier than the previously reported plant retirement deadline of 2027. The closure comes after the coal plant failed to gain any capacity revenues in the latest auction held in May by regional grid operator PJM, which serves parts of the Northeast, Midwest and Mid-Atlantic.
“The Zimmer coal-fueled power plant has recently struggled economically due to its configuration, costs and performance,” said Vistra chief executive officer Curt Morgan in a statement.
The company expects to close seven power plants in Illinois and Ohio, including Zimmer, in coming years. It will also close a plant in Goliad, Texas, by the end of 2027.