The future of Craig Station Unit 1 became a little clearer following Thursday nights meeting at Moffat County High School. Mike McInnes, the CEO of Tri-State, one of the members of the Yampa Project that own Unit 1, attended the meeting to provide an explanation for the closure, and to brief the community on the Yampa Project’s plan for the future. McInnes stressed that the agreement to close Unit 1 by the end of 2025 was the Continue reading
Tag Archives: energy
Clarification On Craig Station Unit 1 Closure
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Tagged $1, closure, coal, community, county, Craig, decommission, employee, energy, environment, manager, McInnes, Mike, Moffat, regulatory, Station, transition, transition team, Tri-State, Unit, Yampa Project
Energy Production Down Again In NW Colorado
Energy Production continues to decline in Moffat, Routt, and Rio Blanco counties. That according to the most recent numbers released by the “Yampa Valley Data Partners”. Total Continue reading
Club 20 Meeting In Steamboat
A CLUB 20 summer committee meeting will take place this week in Steamboat. CLUB 20 is an organization of counties, communities, businesses, individuals and associations from Western Colorado that look to promote, and develop area resources, to support a Continue reading
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Tagged agriculture, Centennial Hall, Club 20, energy, natural resources, Steamboat, water, Western Slope
South Routt School District Receives One Million Dollars
The South Routt School District will receive $1 million from the Colorado State Board of Education emergency fund, taking all but $80,000 from the fund. The State Board voted Thursday to approve the South Routt School District’s request for supplemental assistance due to non payment of taxes from Continue reading
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Tagged assistance, bancruptcy, board, coloado, District, dollars, education, emergency fund, energy, milion, peabody, protection, school, shortfall, south routt, State, tax, taxes
Peabody Receives Financing To Continue Operations
Peabody energy the owner of Twentymile Mine in Routt County received approval earlier this week for $800 million in financing intended to help the company continue its mining operations while the it continues to go through Chapter 11 bankruptcy. The company filed for Chapter 11 in April after reporting a loss of $2 billion in Continue reading
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Tagged Bankruptcy, Citybank, energy, financing, operations, peabody
Peabody Declares Bankruptcy
Peabody Energy the owner of Twentymile Mine in Routt County, announced yesterday that the company will file for chapter 11 bankruptcy. Chapter 11 bankruptcy allows the company to remain in control of their business operations while restructuring their debt. Peabody has been considering Chapter 11 Continue reading
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Tagged Bankruptcy, chapter 11, energy, mine, peabody, Twentymile
Peabody Energy Lays Off 235 Employees
Peabody energy the owners of Twentymile mine in NW Colorado are cutting 235 jobs at their North Antelope Rochelle Mine in Wyoming. This would represent 15% of the total workforce at that mine. This news comes on the heels of the company’s Continue reading
Free Energy Assessment For NW CO Residents
A free energy assessment is being offered to homeowners in Routt and Moffat Counties by Energy Smart Colorado, to help them learn how to improve energy efficiency in their homes. Energy Smart Colorado began in 2010 as a federally funded program to provide energy efficiency services to residents in the central mountain region of Colorado. Homeowners who use the Yampa Continue reading
Tipton Advocates For Alternative To Clean Power Plan
Congressman Tipton spoke in favor last week of the Carbon Capture Act which provides incentives for the private sector to develop carbon capture and storage methods. The Carbon Capture Act is a response to the Presidents Clean Power Plan and was originally sponsored by Tipton. The Carbon Capture Act would put the onus on the private Continue reading
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Tagged Carbon Capture Act, Clean Power, colorado, energy, Plan, Tipton
Grants To Northwest Colorado In Jeopardy
The money that the City of Craig and surrounding areas receives from severance taxes in the form of grants from the Department of Local Affairs, may significantly decrease this year if a bill before the Colorado State Senate is approved. Severance taxes are collected by the state from companies or individuals that produce nonrenewable natural resources such as oil, coal, or gas in the state of Colorado. Continue reading
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Tagged City of Craig, colorado, Craig, decrease, Department of Local Affairs, DOLA, dollars, energy, extraction, grant, lose, loss, mineral, money, Northwest Colorado, production, randy Baumgardner
Lawsuit Brought Against Peabody Energy
A lawsuit has been brought against the owners of Twentymile mine by multiple environmental groups including The WildEarth Guardians. The law suit claims that Peabody Energy which also owns mines in New Mexico and Wyoming, no longer qualifies economically to finance their reclamation projects through self-bonding. Self-bonds use a companies assets to guarantee that money will be available to finance the reclamation of lands that are mined. According to the Continue reading
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Tagged coal, energy, lawsuit, mine, peabody, reclamation, self-bond, Twentymile, WildEarth Guardians
EPA Coal Plans Sparks Controversy
Both sides of the pro and anti coal agenda continue to weigh in on the Obama Administration’s plan to review of the coal leasing program on federal lands, including a pause in “new significant coal leases”. On Friday Interior Secretary Sally Jewell said that the review could take as long as three years. Representative Scott Tipton said the plan “jeopardizes America’s energy future.” “This decision Continue reading
