Luminant | KERA News

Luminant

From Texas Standard:

While the Trump administration says the "war on coal" is over, market forces are having their say when it comes to the fossil fuel, closing plants in several Texas communities.

Texas' largest generator of coal-powered energy, Luminant, says it is ceasing operations at two plants in the state. The company says Texas' competitive energy market and cheap natural gas  make these older coal-fired plants unprofitable. Another Texas coal operator has already announced plans to close two facilities.

Hope Abrams/Flickr / flickr.com/photos/hopefoote/

Energy Future Holdings filed for Chapter 11 bankruptcy reorganization Tuesday after agreeing with key financial stakeholders to keep its power-producing businesses operating in Texas while it reduces roughly $40 billion in debt.