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Released December 13, 2022 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Energy Information Administration (EIA) expects U.S. natural gas production in 2022 to set an annual record, averaging 98 billion cubic feet per day, with a further 2% growth projected for 2023. As more of this product arrives at gas-fired power plants, those facilities will need proper maintenance to maintain maximum efficiency. Industrial Info is tracking more than 150 maintenance-related projects at U.S. gas-fired power plants, valued at about $790 million in total, that are set to kick off in the first quarter.
Click on the image at right for a graph detailing the top 10 plant parent companies for U.S. gas-fired maintenance projects set to begin from January through March, by total investment value.
Texas leads all other states in first-quarter maintenance projects at gas-fired power plants, accounting for almost 20% of the total nationwide spending. Tenaska Incorporated (Omaha, Nebraska), which trails only Southern Company (NYSE:SO) (Atlanta, Georgia) in its first-quarter maintenance investment, is preparing for two major outages at its Gateway Generating Station in Mount Enterprise and Jones Power Station in Lubbock.
The Gateway facility, which is a natural gas-fired, combined-cycle (NGCC) plant, is readying for hot gas path inspections and repairs to its 900-megawatt (MW) Block 1, while the Jones facility expects major turbine inspections and repairs to its 248-MW Unit 2. Both are expected to wrap up toward the end of March or the beginning of April. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can read detailed reports on the Gateway and Jones projects.
Southern Company's spending is split almost entirely between Georgia and Alabama, with the former accounting for slightly more spending. This includes the 175-MW Unit 4 at the Plant Addison Generating Station in Thomaston; the 622-MW, NGCC Block 10 at the McIntosh Generating Station in Rincon; and the 875-MW, NGCC Block 5 at the Jack McDonough Generation Station in Smyrna. All three currently are expected to wrap up toward the end of April. Subscribers can learn more from detailed reports on the Addison, McIntosh and McDonough projects.
Although it accounts for less spending than Southern or Tenaska, Vistra Energy Corporation (NYSE:VST) (Irving, Texas) is preparing for a larger number of first-quarter maintenance kickoffs than either. Roughly half are along the eastern U.S. coast, including its 375-MW cogeneration plant in Hopewell, Virginia; the 285-MW Unit 1 at its power station in Blackstone, Massachusetts; and the 278-MW, NGCC Unit 1 at its power plant in Sayreville, New Jersey. All three currently are expected to begin in March and wrap up within 30 to 35 days. Subscribers can learn more from detailed reports on the Hopewell, Blackstone and Sayreville projects.
In a recent quarterly earnings-related conference call, Jim Burke, the chief executive officer of Vistra, pointed to Texas as an example of why proper maintenance is crucial to the entire system.
"On one particular day in July, when ERCOT experienced periods of low wind and solar output, we saw our Texas generation fleet operate at its max capacity," Burke said. "A well-maintained fleet is key to delivering reliable power for our customers and our communities and ensuring value is captured during these weather events and our generation team delivered."
Vistra's upcoming maintenance outages in Texas include the 613-MW, NGCC Block 1 at its Odessa-Ector Power Plant in Odessa, and the 270-MW, NGCC Unit 1 at its Hays Energy Power Station in San Marcos. Both are expected to begin in March and wrap up about five weeks later in April. Subscribers can learn more from detailed reports on the Odessa-Ector and Hays projects.
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for maintenance-related projects at U.S. gas-fired power plants that are set to kick off in the first quarter.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Texas leads all other states in first-quarter maintenance projects at gas-fired power plants, accounting for almost 20% of the total nationwide spending. Tenaska Incorporated (Omaha, Nebraska), which trails only Southern Company (NYSE:SO) (Atlanta, Georgia) in its first-quarter maintenance investment, is preparing for two major outages at its Gateway Generating Station in Mount Enterprise and Jones Power Station in Lubbock.
The Gateway facility, which is a natural gas-fired, combined-cycle (NGCC) plant, is readying for hot gas path inspections and repairs to its 900-megawatt (MW) Block 1, while the Jones facility expects major turbine inspections and repairs to its 248-MW Unit 2. Both are expected to wrap up toward the end of March or the beginning of April. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can read detailed reports on the Gateway and Jones projects.
Southern Company's spending is split almost entirely between Georgia and Alabama, with the former accounting for slightly more spending. This includes the 175-MW Unit 4 at the Plant Addison Generating Station in Thomaston; the 622-MW, NGCC Block 10 at the McIntosh Generating Station in Rincon; and the 875-MW, NGCC Block 5 at the Jack McDonough Generation Station in Smyrna. All three currently are expected to wrap up toward the end of April. Subscribers can learn more from detailed reports on the Addison, McIntosh and McDonough projects.
Although it accounts for less spending than Southern or Tenaska, Vistra Energy Corporation (NYSE:VST) (Irving, Texas) is preparing for a larger number of first-quarter maintenance kickoffs than either. Roughly half are along the eastern U.S. coast, including its 375-MW cogeneration plant in Hopewell, Virginia; the 285-MW Unit 1 at its power station in Blackstone, Massachusetts; and the 278-MW, NGCC Unit 1 at its power plant in Sayreville, New Jersey. All three currently are expected to begin in March and wrap up within 30 to 35 days. Subscribers can learn more from detailed reports on the Hopewell, Blackstone and Sayreville projects.
In a recent quarterly earnings-related conference call, Jim Burke, the chief executive officer of Vistra, pointed to Texas as an example of why proper maintenance is crucial to the entire system.
"On one particular day in July, when ERCOT experienced periods of low wind and solar output, we saw our Texas generation fleet operate at its max capacity," Burke said. "A well-maintained fleet is key to delivering reliable power for our customers and our communities and ensuring value is captured during these weather events and our generation team delivered."
Vistra's upcoming maintenance outages in Texas include the 613-MW, NGCC Block 1 at its Odessa-Ector Power Plant in Odessa, and the 270-MW, NGCC Unit 1 at its Hays Energy Power Station in San Marcos. Both are expected to begin in March and wrap up about five weeks later in April. Subscribers can learn more from detailed reports on the Odessa-Ector and Hays projects.
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for maintenance-related projects at U.S. gas-fired power plants that are set to kick off in the first quarter.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).