The city used to draw $600,000 a year from the coal-burning plant in property taxes, but that revenue is gone.
HOLYOKE -- The owner of the coal-burning plant on Route 5 north that closed at the end of 2014 has yet to decide what to do with the 128-acre site, a spokeswoman said this week.
But groups studying reuse options for the Mount Tom Power Station have three possibilities on which they are seeking the public's opinions in a survey.
All of the survey possibilities involve installation of solar-power panels and none of the possibilities proposes options that would generate anywhere near the property tax revenue the city received for years from the coal plant.
GDF SUEZ Energy North America, which owns the plant, said in June 2014 it would shut down by the end of the calendar year. The closing of the plant cost the jobs of 28 workers. The plant opened in 1960 beside the Connecticut River.
GDF SUEZ Energy North America hasn't determined a schedule for deciding about the fate of the former coal plant, company spokeswoman Carol Churchill said Tuesday (June 9).
"We have not yet made any decision with respect to the Mount Tom facility," she said.
The plant operated only off and on for several years as the economics of burning coal to create energy clashed with the cheaper alternative of natural gas, leading to the decision to close the plant, Churchill has said.
Since December, community meetings have been held with ideas suggested and studied about what to do with the site. That process has been held by the city, the Massachusetts Clean Energy Center, a state agency, and Ninigret Partners, an economic development consultant from Providence, Rhode Island.
The survey on the three possibilities for the site is available here.
The comment period ends July 6, according to the website of the Massachusetts Clean Energy Center.
The three possibilities all involve installation of solar-power panels and keeping farmland as part of a reused site.
Two of the options also envision public access to the Connecticut River.
One of the options includes installation of an "anaerobic digestion" system. That's a process that uses bacteria to decompose organic matter (lawn clippings, leaves, algae, manure), which produces a gas that is about 60 percent methane and 40 percent carbon dioxide, "which can be recovered, treated and used to generate energy in place of traditional fossil fuels," the U.S. Environmental Protection Agency website said.
The coal plant's closing strips an annual six-figure tax revenue source, more than $600,000, from the municipal budget of one of the state's poorest cities. From 2009 to 2013, Holyoke had 31.5 percent of its population living in poverty compared to 11.4 percent statewide, the U.S. Census Bureau said.
According to "Reuse Scenarios" compiled from the community meetings, (see below) the three possibilities listed for the site in the survey would generate only $10,000 to $99,000 a year in property tax revenue.
Mayor Alex B. Morse said the "unfortunate reality" is the site is severely constrained in terms of future uses. Restrictions are related to the high risk for flooding, overlooking the Connecticut River; the presence of endangered species (Bald Eagle, dragonfly species and mussels, in the river); contaminants from the coal burning operation; and government regulatory limitations, he said.
"It seems unlikely that the site could become the cash cow it once was for the city in terms of taxes or (in lieu of taxes) payments, although some valuable uses can be had at the property like the ones described by the study," Morse said.
Holyoke Public Meeting & Workshop Reuse Scenarios May 14th , 2015