Climate Politics
Another Coal Plant Wins Lifeline Despite Biden’s Green Push
US president’s big goal of decarbonizing the nation’s electricity system clashes with a plan to prolong the life of a coal-fired station in Indiana.
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CenterPoint Energy Inc. is delaying retirement of a coal-fired power plant in Indiana as a surge in wholesale electricity prices and uncertainty about some renewable projects undermines President Joe Biden’s push to decarbonize the grid.
CenterPoint plans to keep operating the 90-megawatt F.B. Culley 2 unit near the Ohio River until 2025, according to a meeting and presentation Thursday. Previously, the company had planned to shut the facility in 2023.