GENON TO SHUTTER 3 GW OF COAL CAPACITY IN PENN., OHIO, AND N.J

GENON TO SHUTTER 3 GW OF COAL CAPACITY IN PENN., OHIO, AND N.J
Houston-based GenOn is the latest of a string of power firms to announce planned power plant closures in Pennsylvania, Ohio, and New Jersey. The company formed in December 2010 through the merger of Mirant Corp. and RRI today announced it would deactivate 3,140 MW of generating capacity in PJM’s operational region between June 2012 and May 2015, citing insufficient “forecasted returns on investments necessary to comply with environmental regulations.” Read More »