Oklahoma coal plant's future bleak amid cheaper power

 

August 30, 2018



POTEAU, Okla. (AP) — An independent coal-fired electricity generator and its about 100 employees in eastern Oklahoma face an uncertain future as the power market becomes more competitive.

The AES Shady Point plant in Le Flore County could close as soon as January, the Oklahoman reported .

Shuttering the 360-megawatt plant may be the company's only option after being notified this month that Oklahoma Gas & Electric Co. won't proceed with another extension of its long-running power purchase agreement with AES Shady Point, Vice President Lundy Kiger said Tuesday.

"As an independent, it would...



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