Salem Harbor Station Power Plant Plans to Close in 2014

The Salem Gazette recently reported that the Salem Harbor Station, the local power plant, will be shutting down in 2014. The owner of the plant, Dominion, announced on May 11th that the plant will close on June 1, 2014.

Of the four units in the power plant, units 1 and 2 will be shut down by the end of this year, while units 3 and 4 will close in 2014. ISO-New England, the company that manages the regions power grid, had asked Dominion to leave two of the units operating to ensure reliability in the Northeastern Massachusetts power grid. That request was denied by Dominion.

Dominion has not yet made any plans for selling the property, although plans are expected as the company approaches its closing date. Salem officials are already brainstorming for redevelopment ideas and ways to soften the tax burden that will ensue with the loss of the plant.

Read the entire Salem Gazette article.