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From SourceWatch

Luminant

Type	Subsidiary
Headquarters	500 North Akard Dallas, TX 75201
Area served	TX
Key people	David Campbell, CEO
Industry	Electric Producer & Distributor
Products	Electricity
Revenue	N/A Parent company revenues: $6.51 billion (2007)[1]
Net income	N/A Parent company income: ▲ $35 million (2007)[1]
Parent	Energy Future Holdings Corp.
Divisions	Luminant Power Luminant Energy Luminant Mining Luminant Construction Luminant Development
Website	Luminant.com

Luminant, formerly TXU Corp., is a Dallas-based energy company involved in electricity generation, distribution, and sales in Texas. In February 2007, TXU announced its acquisition by an investor group led by Kohlberg Kravis Roberts & Co. (KKR) and Texas Pacific Group (registered under TPG Capital LP).^[2] In July 2007, TXU announced that its power generation and related businesses would now be assigned to the Luminant name. Both TXU and Luminant would be owned by Energy Future Holdings.^[3]

As part of the estimated US$45 million buyout, Luminant settled a series of lawsuits with Environmental Defense and the Natural Resources Defense Council and agreed to cancel 8 of its planned 11 new Texas coal-fired power plants as well as several new coal-fired plants in Pennsylvania and Virginia, back federal legislation to create a cap-and-trade system regulating CO2 emissions, and double spending on energy efficiency. In return, Environmental Defense and NRDC agreed not to campaign against TXU’s remaining three Texas coal-fired plants.^[4] In March 2007, TXU announced its official withdrawal of the air permit applications for the eight cancelled plants.^[5]

Contents 1 Power portfolio 2 Existing coal-fired power plants 3 Coal projects sponsored by Luminant 4 Contact details 5 Articles and Resources 5.1 References 5.2 Related SourceWatch Articles 5.3 External links

Power portfolio

Out of its total 19,356 MW of electric generating capacity in 2005 (1.81% of the U.S. total), Luminant produced 55.6% from natural gas, 32.5% from coal, 12.6% from nuclear, and 0.1% from oil. All of Luminant's power plants are in Texas.^[6]

Existing coal-fired power plants

Luminant owned 9 coal-fired generating stations in 2005, with 6,137 MW of capacity. Here is a list of Luminant's coal power plants:^[6][7][8]

Plant Name	State	County	Year(s) Built	Capacity	2007 CO2 Emissions	2006 SO2 Emissions
Martin Lake	TX	Rusk	1977, 1978, 1979	2380 MW	19,800,000 tons	77,419 tons
Monticello	TX	Titus	1974, 1975, 1978	1980 MW	16,300,000 tons	77,538 tons
Big Brown	TX	Freestone	1971, 1972	1187 MW	9,842,000 tons	96,221 tons
Sandow 4	TX	Milam	1981	591 MW	5,284,000 tons	23,747 tons

In 2006, Luminant's 4 coal-fired power plants emitted 51.2 million tons of CO₂ (0.85% of all U.S. CO₂ emissions) and 275,000 tons of SO₂ (1.83% of all U.S. SO₂ emissions).

Coal projects sponsored by Luminant

Active

• Oak Grove Plant (Texas)
• Sandow Unit 5 (Texas)
• Sandy Creek Plant (Texas)

Cancelled

• Big Brown 3 (Texas)
• Lake Creek 3 (Texas)
• Martin Lake 4 (Texas)
• Morgan Creek 7 (Texas)
• Monticello 4 (Texas)
• Tradinghouse 3 & 4 (Texas)
• Valley 4 (Texas)

Contact details

1601 Bryan Street
Dallas, TX 75201
USA
Phone: 214-812-4600
Website: http://www.luminant.com

Articles and Resources

References

1. ↑ ^{1.0 1.1} Second Amended and Restated Annual Report for the Fiscal Year Ended December 31, 2007, Texas Combined Energy Holdings Co., 2007, p. 26.
2. ↑ "TXU to Set New Direction As Private Company", press release, February 26, 2007.
3. ↑ "Luminant Name Adopted for TXU Corp.’s Power Generation and Related Businesses", press release, July 10, 2007.
4. ↑ A Buyout Deal That Has Many Shades of Green, New York Times, February 26, 2007.
5. ↑ "TXU Halts Efforts To Obtain Permits for Eight Coal-Fueled Units", press release, March 1, 2007.
6. ↑ ^{6.0 6.1} Existing Electric Generating Units in the United States, 2005, Energy Information Administration, accessed April 2008.
7. ↑ Environmental Integrity Project, Dirty Kilowatts: America’s Most Polluting Power Plants, July 2007.
8. ↑ Dig Deeper, Carbon Monitoring for Action database, accessed June 2008.

Related SourceWatch Articles

• David Campbell
• Alliance for Energy and Economic Growth
• Laura Miller
• Public Strategies, Inc.
• Texans for Affordable and Reliable Power
• Texas and coal
• United States and coal
• Global warming

External links

• "TXU Corporation", Google Finance, accessed December 2006.
• "Judge Rules In Favor Of Texas Clean Air Coalition", CBS11TV.com, December 14, 2006. (This is an Associated Press story).
• Randy Lee Loftis and Elizabeth Souder, "Coal debate generates high-dollar ad campaigns", Dallas Morning News, February 15, 2007.
• "PS Aids Huge TXU Buyout Deal," O'Dwyer's PR Daily (sub req'd), February 27, 2007.
• Hamilton Nolan, "TXU deal uses double-sided PR," PR Week, February 28, 2007.
• Tara Lohan, "The New, Green Face of Wall Street," AlterNet, March 3, 2007.
• Rebecca Smith and Jim Carlton, "Environmentalist Groups Feud Over Terms of the TXU Buyout," Wall Street Journal (sub req'd), March 3, 2007.
• Steve James, "US Coal-Fired Power Plant Plans up in Smoke?," Reuters, March 5, 2007.
• Kevin Bogardus, "Lobbyists hired to represent investor groups in $45B buyout," The Hill, March 28, 2007.
• "TXU Investors Round Up Lobbying Team," Deal Book (New York Times blog), March 28, 2007.
• Rebecca Smith, "TXU Sheds Coal Plan, Charts Nuclear Path: Expansion Efforts Include Large Plants in Texas; Rivals Likely to Follow," Wall Street Journal (sub req'd), April 10, 2007.
• Pratap Chatterjee, "Climate Change Debate Fuels Greenwash Boom," CorpWatch, December 11, 2007.