HOLYOKE, Mass. (WGGB) — Mount Tom Station, a coal fired powerplant in Holyoke, will be exiting the wholesale capacity market for 2016.
New England’s electrical grid and systems operator, ISO New England, accepted a de-list bid from the owner, meaning the plant will not have to run or recieve any payments from the market.
The plant can still be paid for electricity it produces. However, the act means the owner, GDF Suez, likely believes it won’t be economical for the plant to run during that span.
De-listing has led to retirement for at least two other coal plants in the state.