“We know that drastic changes are imminent,” said Meranda Cohn, Vistra’s director of media relations and corporate affairs.
The company says 75 percent of its generating capacity in the region “at risk of being shut down,” according to Cohn. Amid that backdrop, Vistra argues that the Illinois Coal to Solar and Energy Storage Act provides a way to more “responsibly transition” for plant employees, […]
“The legislation aims to create a financial structure to keep at-risk coal plants online through 2024, while funding a build-out of solar+storage, energy efficiency, and transmission to replace the lost capacity. The legislation is strongly supported by Vistra Energy.”