Wood River Power Station closing; dozens losing their jobs

News
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

EAST ALTON, IL (KTVI) – A Wood River power station is shutting down Wednesday, as the plant’s owner says it’s no longer cost-effective to operate. But closing a power plant in the Alton-area could have tremendous impact across southern Illinois, on both electricity and the economy.

The shut down follows a trend of coal plants across the U.S. being retired due to tighter environmental regulations and lower prices for natural gas.

But Houston-based Dynegy, which operates the Wood River facility, say it’s closing this plant in particular because of what it claims are unfair market conditions, making it that much more expensive to keep open.

Dynegy plans to ask legislators to move downstate Illinois into the same electricity market that covers Chicago and some neighboring states. Critics say the company is upset over competition, trying to find a way to get around current regulations and maximize profits. Approximately 90 employees at the coal-fired plant are expected to lose their jobs.

Dynegy says it also plans to idle two other coal plants nearby in Illinois later this fall.

The Wood River Power Station is located along the Mississippi River, southeast of Lock and Dam 26.

About FOX 2 News

FOX 2 and KPLR 11 in St. Louis cover the news in Missouri and Illinois. There are over 68 hours of live news and local programming on-air each week. Our website and live video streams operate 24/7. Download our apps for alerts and follow us on social media for updates in your feed.

President Harry Truman said: “It is amazing what you can accomplish if you do not care who gets the credit.” That spirit is alive and well at Fox 2. Our teamwork is on display each and every day.

Our news slogan is: “Coverage You Can Count On.” We quite frankly are too busy to worry about who gets the credit. Our main concern is serving the viewer.

We go where the stories take us. Whether it be Washington, D.C when a Belleville man opened fire during a congressional baseball game practice or to Puerto Rico where local Ameren crews restored power after more than 5 months in the dark.

Coverage You Can Count On means “Waking up your Day” with our top-rated morning show. From 4:00 am-10:00 am we are leading the way with breaking news. But our early morning crew also knows how to have some fun! Our strong commitment to the communities we serve is highlighted with our Friday neighborhood shows.

Our investigative unit consists of three reporters. Elliott Davis focuses on government waste, Chris Hayes is our investigative reporter, and Mike Colombo is our consumer reporter. They work in unison with the news department by sharing resources and ideas.

We continue to cover breaking news aggressively and relied on our seasoned journalists to make a difference with the stories we covered. The shooting of Arnold Police Officer Ryan O’Connor is just one example of that. Jasmine Huda was the only reporter who had exclusive access to the O’Connor family during his amazing rehabilitation in Colorado.

Last, but certainly not least, FOX 2 and KPLR 11 are committed to covering local politics. We host debates among candidates and have the most extensive presidential election coverage. Our commitment to politics isn’t just during an election year. We produce two political shows that air every weekend.

Popular

Latest News

More News