NRG to close Indian River plant next year

By Glenn Rolfe
Posted 6/18/21

DAGSBORO — NRG Energy announced this week plans to retire its coal-powered Indian River plant in rural Dagsboro in about a year.

During its Investor Day Thursday, NRG announced its …

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NRG to close Indian River plant next year

Posted

DAGSBORO — NRG Energy announced this week plans to retire its coal-powered Indian River plant in rural Dagsboro in about a year.

During its Investor Day Thursday, NRG announced its intention to retire the Dagsboro location and several other plants following disappointing results in the May 2021 power capacity auction for the PJM (Pennsylvania-Jersey-Maryland) interconnection.

“Closing these plants was a difficult, but necessary decision in light of the low market prices. The directly affected plant in Delaware is Indian River, which has an anticipated June 2022 retirement date,” NRG stated in a prepared release.

Approximately 50 people are affected by the proposed 2022 retirement of the Dagsboro plant, according to Dave Schrader, media communications spokesman for NRG’s Indian River Power Plant.

Impacted employees will have the opportunity to apply for open positions within NRG.

Additionally, NRG will also provide transition assistance and severance in accordance with NRG policies and applicable collective bargaining agreements and will engage in Effects Bargaining with union leadership for represented employees at the impacted sites, NRG said.

According to NRG’s website, NRG acquired the Indian River Generating Station in the summer of 2001 as part of a portfolio of projects from Delmarva Power and Light, a subsidiary of Conectiv.

At 410MW, the Indian River power plant has enough capacity to support approximately 600,000 homes.

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