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2020: A Year of Reckoning for Competitive Generators
Over the past year, power generators that depend on wholesale electricity markets for the bulk of their revenues endured remarkable pressure stemming from the pandemic, changing company business priorities, and environmentally driven policy shifts. But customer-centric efforts, founded on principles of healthy competition, have helped them persevere, said the Electric Power Supply Association (EPSA).
The 1992-founded national trade group which fiercely advocates for well-functioning competitive wholesale electricity markets has 16 members that together own and operate more than 150 GW in markets governed by Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs) in New England, New York, the Mid-Atlan
GRAND TOWERÂ â A representative of Grand Tower Energy Center, a natural gas plant in rural Jackson County, said operations have ceased, though offered few additional details.
Jonathan Beach with Texas-based Rockland Capital, the company that manages the plant, said the facility suffered some âsignificant mechanical failuresâ over the past two quarters.
âThe plant is currently in an extended outage and ownership is conducting a review of future options,â Beach said in an emailed statement to The Southern.
He declined to answer any further questions.
Randy Ellet, who has worked at the plant for 41 years, said employees were notified of the plantâs closure plans last week.
GRAND TOWER, ILÂ â A natural gas plant in southern Illinois has reportedly ceased operations.Â
A representative for Grand Tower Energy Center in Jackson County, Illinois, told the Southern Illinoisan about the extended outage going on at the facility after the plant had significant mechanical failures. Â
An affiliate of Texas-based company Rockland Capital acquired the Grant Tower Energy Center from an Ameren subsidy in 2014. The power plant sits on a 300-acre site outside the Grand Tower town limits. Rockland Capital lists the facility s top capacity at 523 megawatts.Â
The Southern Illinoisan reports that employees were notified about the plant s planed closure last week. The spokesman who spoke with the newspaper said the company is conducting a review of future options regarding the plant.Â