Tri-State CEO Hosts Press Call on Announcement of Closure of Craig Station, Colowyo Mine and Escalante Station
- Tri-State provided further details on its closure of coal assets, including generation and mining, in Colorado and New Mexico.
- Teleconference with Tri-State Chief Executive Duane Highley and Chief Financial Officer Pat Bridges held on Jan 9th at 1pm MT
- Cooperative notes further details of its Responsible Energy Plan to be announced in mid-January 2020.
(January 9, 2020 – Westminster, Colorado) –Tri-State Generation and Transmission Association held anews teleconference at 1 p.m. MST today to provide details on the announcement of the closure of Escalante Station in New Mexico by the end of 2020, and the closure of Craig Station and Colowyo Mine in Northwest Colorado by 2030.
This morning, Tri-State’s employees and members were notified of the early retirement of the coal generation and mining assets. The closures are part of a larger Responsible Energy Plan that ensures compliance with Colorado and New Mexico laws and regulations, while also allowing Tri-State to continue to provide reliable, affordable, responsible power to its members and their communities in its four-state region. Additional details of this plan will be announced next week.
Tri-State will provide further details on the Responsible Energy Plan next week. Tri-State announced the development of its Responsible Energy Plan on July 17, 2019, noting that it was pursuing an aggressive transition to a cleaner energy portfolio, while ensuring reliability, increased member flexibility and a goal to achieve lower wholesale rates.
Tri-State is a not-for-profit cooperative of 46 members, including 43 electric cooperatives and public power districts in four states, that together deliver reliable, affordable and responsible power to more than a million rural electricity consumers across nearly 200,000 square miles of the West. For more information about Tri-State and our Responsible Energy Plan, visit tristate.coop.