Arkansas Electric Cooperatives Proposes $2.6B Natural Gas Plant in Newark to Replace Coal Generation

Arkansas Electric Cooperatives Corporation has proposed a $2.6 billion natural gas plant in Newark to generate 1,499 megawatts, replacing the retiring coal-fired Independence Power Plant by the end of 2030. The project aims to address potential gaps in baseload power capacity for the cooperative, which serves approximately 1.3 million residents across 74 counties. The proposal is currently under regulatory review for costs, environmental impacts, and long-term benefits.

Published Mar 20, 2026

Arkansas Electric Cooperatives Corporation filed an application to construct a $2.6 billion natural gas plant in Newark, generating 1,499 megawatts. This facility is intended to replace the coal-fired Independence Power Plant, which is set to retire by the end of 2030, thereby addressing potential gaps in baseload power capacity.

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The cooperative serves approximately 1.3 million residents in 74 counties. The proposal is currently under review by regulators, who will assess costs, environmental impacts, and long-term benefits. If approved, it will be a significant investment in the state's energy infrastructure.