The owners of the landmark Ratcliffe-on-Soar power station whcih has stood between Loughborough and Nottingham for more than five decades have confirmed its closure date.
Operator Uniper said the coal-fired power station will fully close in September 2024, prior to the site being transformed into a zero-carbon technology and energy hub.
It said the first part of the shutdown will take place next year, in line with Government policy.
The power station with its eight cooling towers is a prominent landmark on the A453.
Uniper’s announcement is in line with a target to make its European power stations carbon neutral by 2035, while continuing to provide reliable power.
After the first unit shuts, the remaining three will continue to function until the end of September 2024, under Uniper’s existing energy supply agreements with the Government.
Mike Lockett, UK chairman and chief commercial office for power at Uniper, said: “Over the past 54 years Ratcliffe power station, and our colleagues, have made a critical contribution to power generation in the UK.
“We’re proud of the contribution that Ratcliffe has, and continues, to make in keeping the UK’s lights on.
“And we’d like to say a big thank you to all those colleagues past and present, who have been part of Ratcliffe’s story.
“We’re now looking at what comes next for the site and exploring options with our local and regional stakeholders.”
Uniper is exploring options for the site and recently received planning permission for a waste incinerator there, which would be called the East Midlands Energy Re-Generation (EMERGE) Centre.
The centre will use technology to convert waste left over from the recycling process into useable lower carbon energy – enough to power 90,000 homes.
Construction work could start late next year and it could be operational by 2025.
The company confirmed this is one of a number of options it’s looking at for the future of the site.