The News

GenOn (formerly Mirant)

mirant2


Updated 26 April 2012

GenOn Shutdown on Track
Elizabeth Chimento recently obtained the following statement regarding the final shutdown of the GenOn Potomac River Generating Station (PRGS) in North Old Town from GenOn spokesperson Misty Allen:

“PRGS is on track to quit producing electricity by October 1, 2012. At that time, the plant will begin what we are calling Phase I decommissioning activity. Phase I will consist of all activities necessary to put the plant into a cold shutdown status by de-energizing and mitigating potential environmental risks at the site. GenOn is not demolishing the plant or any related structures it owns on the site. It is expected that Phase I activity will last well into 2013.

Once the plant is secure and has achieved cold shutdown status, GenOn will continue to maintain 24/7 security at the site as well as a basic maintenance plan. It is anticipated that over the next few years, potential developers will show interest in the site. GenOn has a fiduciary duty to create value for its shareholders. Any financially solid developer that submits a term sheet to GenOn will be reviewed. Once a developer is on board, it would be expected that the closure then moves into what I call Phase II, ultimate disposition of the leasehold, and redevelopment of the site. Any redevelopment must consider the owner of the land, which is Pepco, and its switchyard. Our arrangement is complicated and unique, to say the least."

In an April 23 conversation, Ms. Allen added that she had received recent inquiries “as to whether we could resume power generation at the site". To be clear, we are decommissioning to an end-state where the plant will no longer be able to produce electricity.”


Updated 16 April 2012 

NOTICe president Christa Watters announces that NOTICe and the Northeast Citizens' Association will be collaborating as we work toward a position(s) of what could/should become of the GenOn (Mirant) site, once it is vacated.

She further noted that NOTICe members' opinions are sought continuously through her (she is the PPOK for this issue) or via any board member.  She further noted that as positions are being developed they appropriately will be available to our membership for comment and and suggested improvements.


Posted 15 December 2011 


Contact with city officials and perusal of the local press indicate that that the planned closing of the GenOn/ (formerly MIRANT) facility and related operational activities there appear to be on or perhaps a bit ahead of schedule (Fall 2012).

Contact your PPOK for more up-to-date information.

updated Sep 25, 2011 

updated Aug 31, 2011

Posted August 30, 2011

Subject: City of Alexandria and GenOn Agree to Close Potomac River Generating Station (News release email excerpted 25 Sept)

From: Alexandria eNews < This e-mail address is being protected from spambots. You need JavaScript enabled to view it. >
Sent: Tue, Aug 30, 2011 9:27 am

For immediate release: August 30, 2011
 
The City of Alexandria and GenOn Energy have reached an agreement to permanently close the company’s Potomac River Generating Station, which began operating in 1949. To facilitate the retirement of the plant, the City of Alexandria will release approximately $32 million currently held in escrow, which was set aside to pay for the additional environmental controls at the station as a result of a 2008 agreement between the City and GenOn....GenOn has agreed to retire the generating station by October 1, 2012, or, if the plant is needed beyond that date for reliability purposes, as soon as it is no longer needed.
 
For more information, visit http://alexandriava.gov/GenOn.
Additional detail on some financial, tax and scheduling implications may be found HERE.