Tokyo-based Electric Power Subsidiary partners with AP Solar in 400 MW Texas Solar Project

LCG, August 6, 2020—J-Power USA Development Co, a subsidiary of the Electric Power Development Co. headquartered in Tokyo, has joined a joint venture to develop a 400 MW Texas solar project.

Read more

Texas Solar Project Sold to CIP

LCG, July 31, 2020—An affiliate of Copenhagen Infrastructure Partners has completed purchase of a 350 MW solar photovoltaic project near the Houston metro area from Solar Plus Development Inc. and Avondale Solar.

Read more

Industry News

550 Megawatt Power Plant Planned for Oklahoma

LCG, Nov. 16, 2001--Dallas-based Genova Power Co. said yesterday it is considering a 50-acre tract about two miles east of Chickasha, Okla., for a 550 megawatt power plant. Construction could begin as early next fall with commercial operations beginning in the summer of 2004.

Jeffrey W. Schroeter, Genova's general manager, said the economic impact of the facility would be felt immediately and would extend throughout its projected 30-year service life. He said building the plant will require an average of 250 workmen over a 22-month period. In addition to their salaries, the company would also spend upwards of $12 million locally on goods and services.

Once in operation, the plant would provide about 25 jobs for skilled personnel, with a payroll of around $1.6 million a year, and some $1.5 million a year in local purchases would also be made. In addition, the facility would pay some $4 million a year in sales, use and property taxes, Schroeter said.

Chickasha Mayor Jim Parker was looking beyond the direct financial contribution of the powerhouse.. "A facility like this could become the foundation of the infrastructure necessary to meet the power demands of today and tomorrow. It would certainly make Chickasha very attractive to companies looking at relocation possibilities," he said.

The baseload plant would employ two gas turbines, a heat recovery steam generator to harness their exhaust gases, and a steam generator, operating in combined-cycle. It would be connected to the regional grid through facilities owned by American Electric Power Co. Inc.

Copyright © 2020 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Daily LMP Forecast for ERCOT
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service