Reports related to this article:
Project(s): View 11 related projects in PECWeb
Plant(s): View 11 related plants in PECWeb
Released November 09, 2022 | SUGAR LAND
en
Researched by Industrial Info Resources (Sugar Land, Texas)--Natural gas-fired, combined-cycle (NGCC) power plants are enjoying a successful 2022, with 7,775 megawatts (MW) of electric-generating capacity set to be added to the U.S. grid for the full year, according to the U.S. Energy Information Administration (EIA). This follows four years of steady decline in NGCC startups, with the technology expected to remain the single largest source of power generation. Industrial Info is tracking more than $7 billion worth of NGCC capital-spending projects across the U.S. that have completed, or are set to complete, construction this year.
The EIA expects NGCC capacity to reach almost 290 gigawatts (GW) by the end of 2022, which would account for 24% of total U.S. power generation. One project that has largely completed construction, but has not yet started commercial operations, is Seminole Electric Cooperative Incorporated's (Tampa, Florida) $945 million Seminole Generating Station in Palatka, Florida, which is expected to generate 1,028 MW. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more in a detailed project report.
Click on the image at right for an EIA map of NGCC plants coming online in 2022.
Florida is home to another NGCC project that has not yet started operations: Tampa Electric Company's $853 million conversion of the TECO Big Bend Station in Apollo Beach. Formerly a solely coal-fired power plant, the facility will begin generating 1,090 MW from gas. Tampa Electric is a subsidiary of Emera Incorporated (Halifax, Nova Scotia). Subscribers can learn more in a detailed project report.
Industrial Info also offers detailed reports on NGCC projects that already completed construction in 2022:
Another 4,215 MW is expected to be brought online in 2023, all of which is under construction. This includes the second and third turbines for the Guernsey Power Station mentioned above, which will total 1,875 MW upon completion.
Two projects are set for Alabama: PowerSouth Energy Cooperative Incorporated's (Andalusia, Alabama) $608 million Charles R. Lowman Power Station in Leroy, which is expected to generate 680 MW, and Alabama Power Company's $850 million addition to the James M. Barry Power Station in Bucks, which is expected to add 726 MW to the facility's existing 2,253 MW.
According to the EIA, the Lowman Power Station is more than 50% complete, while the Barry addition is less than or equal to 50% complete. Alabama Power Company is a subsidiary of Southern Company (NYSE:SO) (Atlanta, Georgia). Subscribers can read detailed reports on the Lowman and Barry projects.
One of the highest-valued NGCC projects in recent years, Competitive Power Ventures Incorporated's (Braintree, Massachusetts) $1.1 billion Three Rivers Energy Center in Morris, which is expected to generate 1,146 MW following its completion, is set for the summer of 2023. Subscribers can learn more from Industrial Info's project report.
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 all NGCC-related projects across the U.S.
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).
The EIA expects NGCC capacity to reach almost 290 gigawatts (GW) by the end of 2022, which would account for 24% of total U.S. power generation. One project that has largely completed construction, but has not yet started commercial operations, is Seminole Electric Cooperative Incorporated's (Tampa, Florida) $945 million Seminole Generating Station in Palatka, Florida, which is expected to generate 1,028 MW. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more in a detailed project report.
Click on the image at right for an EIA map of NGCC plants coming online in 2022.Florida is home to another NGCC project that has not yet started operations: Tampa Electric Company's $853 million conversion of the TECO Big Bend Station in Apollo Beach. Formerly a solely coal-fired power plant, the facility will begin generating 1,090 MW from gas. Tampa Electric is a subsidiary of Emera Incorporated (Halifax, Nova Scotia). Subscribers can learn more in a detailed project report.
Industrial Info also offers detailed reports on NGCC projects that already completed construction in 2022:
- Formosa Plastics Group's (Livingston, New Jersey) 240-MW, $400 million addition at its plastics complex in Point Comfort, Texas; see project report
- Indeck Energy Services Incorporated's (Buffalo Grove, Illinois) 1,076-MW, $1.05 billion plant in Niles, Michigan; see project report
- DTE Energy Company's (NYSE:DTE) (Detroit, Michigan) 1,100-MW, $989 million Blue Water Energy Center in East China, Michigan; see project report
- J-POWER USA Development Company Limited's (Schaumburg, Illinois) 1,200-MW, $1 billion Jackson Generating Station in Elwood, Illinois; see project report
- Lansing Board of Water and Light's 250-MW, $500 million Erickson Power Station in Lansing, Michigan; see project report
- The first turbine for Apex Power Group LLC's (Mooresville, Indiana) $1.6 billion Guernsey Power Station in Byesville, Ohio; see project report
Another 4,215 MW is expected to be brought online in 2023, all of which is under construction. This includes the second and third turbines for the Guernsey Power Station mentioned above, which will total 1,875 MW upon completion.
Two projects are set for Alabama: PowerSouth Energy Cooperative Incorporated's (Andalusia, Alabama) $608 million Charles R. Lowman Power Station in Leroy, which is expected to generate 680 MW, and Alabama Power Company's $850 million addition to the James M. Barry Power Station in Bucks, which is expected to add 726 MW to the facility's existing 2,253 MW.
According to the EIA, the Lowman Power Station is more than 50% complete, while the Barry addition is less than or equal to 50% complete. Alabama Power Company is a subsidiary of Southern Company (NYSE:SO) (Atlanta, Georgia). Subscribers can read detailed reports on the Lowman and Barry projects.
One of the highest-valued NGCC projects in recent years, Competitive Power Ventures Incorporated's (Braintree, Massachusetts) $1.1 billion Three Rivers Energy Center in Morris, which is expected to generate 1,146 MW following its completion, is set for the summer of 2023. Subscribers can learn more from Industrial Info's project report.
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 all NGCC-related projects across the U.S.
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).
