It may come as no surprise that Dominion Energy ‘s spokespeople don’t want to admit that Dominion’s recent moves to “delist” Salem Harbor Station are signs that Dominion plans to shut the plant down (read recent statements here and here). Dominion has been spinning stories about the plant to local audiences for years. But apparently, Dominion CFO Mark McGettrick has no such trouble. At a financial conference at the Edison Electric Institute on November 2, McGettrick confirmed that the plant will shut down within five years. “We have announced that two of our coal plants will shut down in the future when the environmental rules are clear. The first is Salem Harbor in the Northeast. We’ve already tried to delist a few of those units, but the ISO has required the two biggest ones for reliability. But in the near future, certainly within this five year horizon, we would expect Salem Harbor plant to shut down. We will not be investing any capital for environmental improvements at Salem Harbor.”* No mincing words for McGettrick.
So there you have it. Salem Harbor is going to shut down within five years. Dominion says it will not invest any more money in environmental improvements at the plant. So, if ISO-NE continues to find the plant is needed for reliability, who will pay the price for those improvements? Ratepayers. Specifically, the ratepayers who live in the shadow of this plant in northeastern Massachusetts. That’s why ISO-NE must act now to find an alternative to Salem Harbor Station. CLF has stepped in to ask the Federal Energy Regulatory Commission to order ISO-NE to meet its responsibility, so that ratepayers can avoid these costs. CLF will continue working to accelerate shutdown to prevent further damage to public health and the environment and to stop Dominion and ISO-NE from forcing ratepayers to prop up this polluting dinosaur of a plant that should have been closed years ago.
*Listen to the announcement via Google Finance
Clip can be found at 22:30