2022 Inflation Reduction Act - Illinois Coal Mines and Power Plants: Difference between revisions

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*[https://isgs.illinois.edu/research/coal/maps/quads Quadrangle Mined-Out area map]
*[https://isgs.illinois.edu/research/coal/maps/quads Quadrangle Mined-Out area map]


== Links to individual mines that may qualify for the bonus tax credit. ==
== Coal Mines that closed after Dec. 31, 1999 ==
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== Coal-fueled Power Plants that closed after Dec. 31, 2009 ==
{| class="wikitable"
! Coal Power Plant !! County  !! Open year !! Close Year
|-
| Coffeen || Montgomery || 1965 || 2019
|-
| Hutsonville || Crawford || 1953 || 2011
|-
| Meredosia  || Morgan || 1948 || 2011
|-
| Duck Creek  || Fulton || 1976 || 2019
|-
| Edwards  || Peoria || 1960 || end 2022
|-
| Havana  || Mason || 1978 || 2019
|-
| Hennepin  || Putnam || 1959 || 2019
|-
| Vermilion  || Vermilion || 1959 || 2011
|-
| Wood River  || Madison || 1950;1964 || 2016
|-
| Joppa  || Massac || 1953 || end 2022
|-
| Crawford  || Cook || 1958;1961 || 2012
|-
| Fisk  || Cook || 1959 || 2012
|-
| Joliet 9 & 29  || Will || 1959;1966 || to close 2023, converted to gas 2016
|-
| Waukegan || Lake || 1952; 1958; 1962 || 2022
|-
| Will County  || Will || 1955; 1957; 1963 || 2022
|}
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Revision as of 11:10, August 30, 2022

Inflation Reduction Act

The Inflation Reduction Act invests in revitalizing economies of energy communities across the country, by create good-paying, union jobs, and supporting workers in coal, oil and gas, and power plant industries by:

  • Reinstating funding for the Black Lung Disability Trust Fund, which provides payments and medical treatment to coal miners suffering from breathing and respiratory challenges.
  • Authorizes $250 billion in loans through the Department of Energy’s Loan Programs Office to retool legacy energy infrastructure like transmission lines, refineries and power plants for the net-zero economy.
  • Provides a 10% bonus tax credit for wind and solar projects that are developed in places that have seen a coal mine or power plant close or have seen employment losses as a result of contractions in the fossil fuel economy.
  • Delivers tax credits for clean energy manufacturing projects that are developed in energy communities where coal mines and power plants have closed with bonus credit for projects creating good-paying union jobs.

The credit amount could be increased by 10% for facilities located in an energy community. An energy community is defined as being a brownfield site; an area which has or had certain amounts of direct employment or local tax revenue related to oil, gas, or coal activities and has an unemployment rate at or above the national average; or a census tract or any adjoining tract in which a coal mine closed after December 31, 1999, or in which a coal-fired electric power plant was retired after December 31, 2009.

Usefull Illinois State Geological Survey Links

ILMines

Mine-Info

A data table that includes all known mines in the state with their Opening and Closing dates (if known).
disclaimer??

ISGS map series that includes mined area area information

Coal Mines that closed after Dec. 31, 1999

Mine IndexCoal coMine NameYear-startYear-end
0877Consol Energy, Inc.Rend Lake Mine19672002
0886MaRyan Mining, LLCShay No. 1 Mine19702020
0921Wabash Mine Holding CompanyWabash Mine19732007
0933Freeman United Coal Mining CompanyCrown II Mine1974August 2007
0968Peabody Midwest MiningGateway Mine19762015
0995Arclar CompanyEagle Valley Mine19842002
0996Tri County Coal, LLCCrown III Mine19812013
1001American Coal CompanyGalatia Mine19832017
1002Freeman Coal Mining CompanyIndustry Mine19822003
1004Illinois Fuel Company, LLCI-1 Surface Mine19822011
1018Black Beauty Coal CompanyRiola Mine12 April 19969 June 2006
1020Illini Energy ResourcesRazorback I Mine19972000
1021Big Ridge, Inc.Big Ridge Portal No. 2 Mine19971 February 2002
1022Black Beauty Mining CompanyWildcat Hills Eagle Valley Mine19982007
1023Knight Hawk Coal, LLCCreek Paum Mine19982016
1024Silver Creek Coal CompanyBear Mine19992000
1026Black Beauty Coal CompanyVermilion Grove3 December 20012009
1027S Coal CompanyCambria No. 1 Mine20012004
1028Big Ridge, Inc.Willow Lake Mine200217 November 2012
1029Nubay Mining, LLCLiberty Mine20022006
1032American Coal CompanyNew Future Portal Mine20002017
1035Illinois Fuel Company, LLCI-1 Underground Mine20032003
1036Knight Hawk Coal, LLCPrairie Eagle Surface Mine20052014
1037S Coal CompanyElkville Mine20042009
1038Peabody Midwest MiningWildcat Hills Underground Mine20062019
1040White County Coal, LLCPattiki II20022016
1042Knight Hawk Coal, LLCRoyal Falcon Mine20072009
1044Peabody Midwest MiningWildcat Hills Cottage Grove Mine20002019
1045Knight Hawk Coal, LLCPrairie Eagle South Underground Mine20092013
1046Black Nugget, LLCNorth Grindstone20092012

Coal-fueled Power Plants that closed after Dec. 31, 2009

Coal Power Plant County Open year Close Year
Coffeen Montgomery 1965 2019
Hutsonville Crawford 1953 2011
Meredosia Morgan 1948 2011
Duck Creek Fulton 1976 2019
Edwards Peoria 1960 end 2022
Havana Mason 1978 2019
Hennepin Putnam 1959 2019
Vermilion Vermilion 1959 2011
Wood River Madison 1950;1964 2016
Joppa Massac 1953 end 2022
Crawford Cook 1958;1961 2012
Fisk Cook 1959 2012
Joliet 9 & 29 Will 1959;1966 to close 2023, converted to gas 2016
Waukegan Lake 1952; 1958; 1962 2022
Will County Will 1955; 1957; 1963 2022


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