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Project(s): View 6 related projects in PECWeb
Plant(s): View 6 related plants in PECWeb
Released March 12, 2019 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--According to the U.S. Energy Information Administration (EIA), about 62% of all new power generation capacity installed in the U.S. last year consisted of natural gas-fired facilities, most of which were combined cycle plants. As coal-fired facilities across the country continue to retire, natural gas is the fuel replacing much of the lost capacity. The EIA reports 18.7 gigawatts (GW) of power was retired in the U.S. in 2018, and 31.3 GW was added.
Industrial Info tracked $12.8 billion in natural gas-fired capital projects that were completed in the U.S. last year and is tracking another $12.8 billion worth that are planned for completion this year.
Click on the image at right for a breakdown by market region of planned 2019 natural gas-fired project completions by U.S. market region.
According to the EIA, Pennsylvania accounted for almost 25% (4.4 GW) of all 2018 U.S. gas-fired additions. Three other states, Maryland, Virginia and Florida, accounted for a combined 30% of the additions.
2018 Completions
Among the projects completed last year was Panda Power Funds' (Dallas, Texas) 1,000-megawatt (MW) Hummel Power Station, near Shamokin Dam, Pennsylvania. Construction on the combined cycle plant began in the summer of 2015, with Bechtel Corporation (Reston, Virginia) providing engineering, procurement and construction (EPC). The facility uses Siemens equipment. The project had an estimated total investment value (TIV) of $850 million. For more information, see Industrial Info's project report.
Among the largest natural gas-fired projects completed last year was Dominion Energy Incorporated's (NYSE:D) (Richmond, Virginia) Greensville County combined cycle plant near Emporia, Virginia. Construction on the 1,588-MW plant began in late 2015. Fluor Corporation (NYSE:FLR) (Irving, Texas) provided EPC. The project had an estimated TIV of $1.3 billion and was completed in December. For more information, see Industrial Info's project report.
2019 Completions
Industrial Info is tracking several high-value natural gas-fired projects planned to wrap up in the U.S. this year. In Florida, NextEra Energy Incorporated's (NYSE:NEE) Okeechobee Clean Energy Center is scheduled to come online this summer. Construction on the 1,600-MW combined cycle plant began in early 2017. Zachry Industrial Services Group (San Antonio, Texas) is the EPC contractor. The facility will use three General Electric (NYSE:GE) combustion turbine generators, Nooter Erickson heat-recovery steam generators and a Siemens steam turbine generator. The project has an estimated TIV of $1.2 billion. For more information, see Industrial Info's project report.
In Pennsylvania, home to the highest number of planned 2019 completions, Competitive Power Ventures Incorporated (Braintree, Massachusetts) will complete the 1,050-MW CPV Fairview Energy Center this year. Construction on the plant began in the summer of 2017, with Kiewit Power Constructors Company (Lenexa, Kansas) providing EPC. The project has a TIV of $1 billion. For more information, see Industrial Info's project report.
Also in Pennsylvania, Tenaska Incorporated (Omaha, Nebraska) just wrapped up construction on its Westmoreland County Generating Station. The plant has a generating capacity of 925 MW. Black & Veatch Incorporated (Overland Park, Kansas) provided EPC on the project, which had an estimated TIV of $780 million. For more information, see Industrial Info's project report.
Entergy Corporation (NYSE:ETR) (New Orleans, Louisiana) plans to complete construction on two combined cycle plants in Louisiana this year, including the 980-MW Saint Charles Energy Center. Construction began in mid-2016 and is expected to be completed soon. McDermott International Incorporated (NYSE:MDR) (Houston, Texas) is providing EPC. The project has TIV of $1 billion. For more information, see Industrial Info's project report and February 21, 2019, article - Entergy Moves Forward with Expansion of Natural-Gas-Fired Power Fleet.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
Industrial Info tracked $12.8 billion in natural gas-fired capital projects that were completed in the U.S. last year and is tracking another $12.8 billion worth that are planned for completion this year.
Click on the image at right for a breakdown by market region of planned 2019 natural gas-fired project completions by U.S. market region.According to the EIA, Pennsylvania accounted for almost 25% (4.4 GW) of all 2018 U.S. gas-fired additions. Three other states, Maryland, Virginia and Florida, accounted for a combined 30% of the additions.
2018 Completions
Among the projects completed last year was Panda Power Funds' (Dallas, Texas) 1,000-megawatt (MW) Hummel Power Station, near Shamokin Dam, Pennsylvania. Construction on the combined cycle plant began in the summer of 2015, with Bechtel Corporation (Reston, Virginia) providing engineering, procurement and construction (EPC). The facility uses Siemens equipment. The project had an estimated total investment value (TIV) of $850 million. For more information, see Industrial Info's project report.
Among the largest natural gas-fired projects completed last year was Dominion Energy Incorporated's (NYSE:D) (Richmond, Virginia) Greensville County combined cycle plant near Emporia, Virginia. Construction on the 1,588-MW plant began in late 2015. Fluor Corporation (NYSE:FLR) (Irving, Texas) provided EPC. The project had an estimated TIV of $1.3 billion and was completed in December. For more information, see Industrial Info's project report.
2019 Completions
Industrial Info is tracking several high-value natural gas-fired projects planned to wrap up in the U.S. this year. In Florida, NextEra Energy Incorporated's (NYSE:NEE) Okeechobee Clean Energy Center is scheduled to come online this summer. Construction on the 1,600-MW combined cycle plant began in early 2017. Zachry Industrial Services Group (San Antonio, Texas) is the EPC contractor. The facility will use three General Electric (NYSE:GE) combustion turbine generators, Nooter Erickson heat-recovery steam generators and a Siemens steam turbine generator. The project has an estimated TIV of $1.2 billion. For more information, see Industrial Info's project report.
In Pennsylvania, home to the highest number of planned 2019 completions, Competitive Power Ventures Incorporated (Braintree, Massachusetts) will complete the 1,050-MW CPV Fairview Energy Center this year. Construction on the plant began in the summer of 2017, with Kiewit Power Constructors Company (Lenexa, Kansas) providing EPC. The project has a TIV of $1 billion. For more information, see Industrial Info's project report.
Also in Pennsylvania, Tenaska Incorporated (Omaha, Nebraska) just wrapped up construction on its Westmoreland County Generating Station. The plant has a generating capacity of 925 MW. Black & Veatch Incorporated (Overland Park, Kansas) provided EPC on the project, which had an estimated TIV of $780 million. For more information, see Industrial Info's project report.
Entergy Corporation (NYSE:ETR) (New Orleans, Louisiana) plans to complete construction on two combined cycle plants in Louisiana this year, including the 980-MW Saint Charles Energy Center. Construction began in mid-2016 and is expected to be completed soon. McDermott International Incorporated (NYSE:MDR) (Houston, Texas) is providing EPC. The project has TIV of $1 billion. For more information, see Industrial Info's project report and February 21, 2019, article - Entergy Moves Forward with Expansion of Natural-Gas-Fired Power Fleet.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
