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Southern Illinois Power Co-op plans to shutter its largest coal-fired unit this fall

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The Southern Illinois Power Cooperative Marion Generating Plant is pictured at Lake of Egypt.

MARION — Southern Illinois Power Cooperative plans to retire its largest coal-fired generator as early as this fall, a move that is expected to save $125 million over a decade.

President and CEO Don Gulley said the tentative decision is the result of analysis and negotiations that have been ongoing since late 2019. Gulley said SIPC utilized outside consultants to help it perform a comprehensive review of operations and determine the best path forward. The decision to close Unit 4, as it is known, was based on two primary factors, he said: sustained low energy prices in the wholesale power market, and increasingly costly environmental regulations for coal-fired generators.

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POWER PLANTS

Steam rises from the Southern Illinois Electrical Cooperative power plant in 2010 on Lake of Egypt.

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molly.parker@thesouthern.com

618-351-5079

On Twitter: @MollyParkerSI ​

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