Montana lawmakers want to make it costly to close Colstrip plant
HELENA If some Montana lawmakers have their way, shutting down two coal-fired units of a power plant that provides electricity to much of the Pacific Northwest won't be cheap or easy for the plant's owners.
A package of bills crafted by a legislative panel would hit Puget Sound Energy and Talen Energy with millions of dollars in fees for 10 years following the closure of Colstrip Units 1 and 2 in southeastern Montana. It also would raise taxes on all electricity producers in Montana to pay for $50 million in grants to communities that lose natural resource jobs.
The bill package also would require Colstrip's owners to submit at a fee of up to $1 million decommissioning and remediation plans before any closure. The plans would be subject to approval, disapproval or modification by the Montana Department of Environmental Quality.
The future of Colstrip, the second-largest coal-fired plant west of the Mississippi River, has been increasingly uncertain amid a declining coal market, increasing regulations and numerous lawsuits filed by environmental organizations. Last month, a legal settlement set a 2022 deadline to close the plant's two oldest units, which were built in the 1970s.
Read more: http://billingsgazette.com/news/state-and-regional/montana/montana-lawmakers-want-to-make-it-costly-to-close-colstrip/article_1ea17839-474c-516f-9fe4-f49415c7b509.html