Hoosier Energy has announced the closing of the Merom Generating Station in 2023. 185 employees will be affected.
A press release says that the company will transition to a more diverse generation mix that includes a combination of low-cost wind, solar, natural gas and storage. It went on to say they there are several possibilities on the future of the site where the coal fired plant is. Hoosier Energy says they will work with state and local economic development officials to market portions of the property for industrial development as well as consider renewable energy generation at the location or pursue a sale of the plant.
The following is the full press release from Hoosier Energy
Hoosier Energy Announces New 20-Year Resource Plan
Hoosier Energy expects to retire its coal-fired Merom Generating Station in 2023 and transition to a more diverse generation mix that includes a combination of low-cost wind, solar, natural gas and storage. This plan provides a foundation for supply cost stability and predictability while reducing the company’s carbon footprint by nearly 80%.
Approximately 185 cooperative employees currently support operations of the 1,070-megawatt Merom Station, which is in Sullivan, IN, and went online in 1982. Hoosier Energy President & CEO Donna Walker said, “We sincerely value our dedicated employees and will help those impacted during this transition by working with the IBEW to offer assistance such as retraining, reassignment and professional outplacement, along with retirement options.”
There are several possibilities regarding the future of the site. Hoosier Energy will work with state and local economic development officials to market portions of the Merom property for industrial development. The company will also consider renewable energy generation at the location or pursue a sale of the plant.