Gulf Power has announced the company will be closing its 100 MW coal-fired power plant in Sneads, Fla. by April 2015.
The company said Plant Scholz is being closed because of regulations imposed by the U.S. Environmental Protection Agency. After an evaluation of the cost to retrofit the plant to meet EPA standards, Gulf Power stated it decided it was in the best interest of their customers to close the plant.
The power plant, which is been in operation since 1953, will continue to operate over the next two years. After that period of time, plant employees not planning to retire will be transitioned to other jobs in the company.
The company stated that it will still generate enough electricity to supply its customers in northwest Florida, but that the company will continue to evaluate its generation needs and look at variables such as forecasted demand, cost-effective generation technologies and upcoming regulations.
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