SULLIVAN, Ind (WTHI) - In a press release sent to News 10, 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 decision is a part of Hoosier Energy's 20-year resource plan. It will reduce the company's carbon footprint by nearly 80% and save its members $700 million over the next 20 years.
Approximately 185 cooperative employees currently support operations of the 1,070-megawatt Merom Station, which is in Sullivan, IN and went online in 1982. Company officials say they will do everything they can to assist employees during this 3-year transition.
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.
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