Craig Station 1 and 2

Fuel type: coal
Net capacity: 151 megawatts
Commercial operations: Unit 1—1980; Unit 2—1979
Operations: baseload

Operations


  • Platte River's ownership of Craig 1 and 2 is 18%
  • Operated by Tri-State Generation and Transmission
  • Co-owners include Tri-State Generation and Transmission, Salt River Project, PacifiCorp and Xcel Energy
  • Craig Unit 1 to be removed from Platte River's mix by Dec. 31, 2025

Financials


  • Platte River’s second-lowest operating cost resource
  • Fuel prices are based on production costs and not subject to market price volatility
  • No debt service
  • Fuel cost volatility mitigated by management of mine production levels and costs through an ownership share of Trapper Mine (19.93%), located adjacent to Craig units 1 & 2

Environmental


  • Upgraded technology to reduce sulfur and particulate emissions
  • Maintains full compliance with all applicable environmental laws and regulations
Two 25 MW sales of Craig generation were made to two separate entities which will help support the integration of renewables on Platte River’s system. The first 25 MW sale, a three year sale, begins Jan. 1, 2020. The second 25 MW sale begins Sept. 1, 2019, and runs through June 30, 2024.