Dayton Power & Light (DP&L) “has filed with the Public Utilities Commission of Ohio (PUCO) a settlement to its electric security plan (ESP) that would end its ownership in 2,093 MW of coal-fired generation and bring more renewable energy to Ohio,” nawindpower.com reports. The six-year settlement was reached “after months of intense negotiation,” according to the Sierra Club, which has also agreed to sign on to the settlement. The agreement would “retire the Killen and Stuart coal plants in June 2018” with DP&L committed to beginning a “sales process for its ownership shares” in three other coal plants. The utility also commits to developing “at least 300 MW of solar and wind energy projects in Ohio no later than 2022” and contributing “$565,000 annually to help DP&L low-income electricity consumers reduce their energy usage.” Additionally, DP&L will invest $35 million in the first year to deploy smart grid initiatives. For more, read the full article.
DP&L agreement would dump coal plants and develop renewable projects