As the saying goes -- you win some. You lose some. In three years -- Muhlenberg County will lose the coal-fired Green River Station.
"We were going to be sitting there with an abandoned coal powered plant, and loss of jobs, loss of coal severance, loss of trucking business," says Muhlenberg County Judge Executive Rick Newman.
But in five years, they could win a natural gas power generating plant. Kentucky Utilities announced plans for a $700 million plant at the Green River site.
"Our consumers are consuming more and more energy and with these stricter EPA regulations, it's practically impossible to build another coal-fired plant," says Chris Whalen, V.P. of Communications at KU. "So, we're having to retire our old generators."
Newman says the project will create 250 construction jobs and maybe more.
"I think we could see some more jobs created, some small business jobs, that might actually employ more people than we are now," he says.
They'll win jobs, but could lose out on coal severance tax dollars, yet gain some back from the mineral tax. Newman hopes the project's a winner for Muhlenberg County.
"In this economy, this is great," he says.
The old Green River Station currently employs more than 40 workers. Utility officials say most will either move to other KU facilities or retire.