Project UpdateJun 5, 2026, 04:06 PM
Hallador Power selected for $27.2M DOE funding for Merom Station upgrade
AI Summary
Hallador Energy's subsidiary, Hallador Power Company, has been selected by the U.S. Department of Energy for award negotiations of up to $27.2 million in federal funding. This funding is for a comprehensive modernization project at the Merom Generating Station, estimated to cost $56.9 million. The project aims to upgrade the plant's water management systems to meet future federal ELG requirements, enhance reliability, and reduce environmental impact, with a goal of achieving zero liquid discharge. The company does not expect a material financial benefit in 2026 and notes the funding is not guaranteed.
Key Highlights
- Hallador Power selected for up to $27.2 million in federal funding from the DOE.
- Total project cost for Merom Generating Station modernization is estimated at $56.9 million.
- Project aims to upgrade water management systems to meet future ELG requirements.
- Modernization will enhance the 1,080 MW Merom Generating Station's capabilities.
- Goal is to achieve zero liquid discharge (ZLD) to protect local water resources.
- No material benefit to 2026 financial results is anticipated from the DOE funding.
Price Impact
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