Power
Mirants Morgantown Station Offline Due To Forced Outage
The Morgantown power plant is situated on the Potomac River in Newburg, Maryland, just outside Washington, DC. The station utilizes cooling water from the Potomac River ...
Released Thursday, March 22, 2007
Researched by Industrial Info Resources (Sugar Land, Texas). Mirant Corporations (NYSE:MIR) Morgantown Generating Station was forced offline Wednesday morning, March 21, 2007, due to an unplanned outage on one of its coal-fired units. The stations 626-megawatt unit 01 tripped offline due to a malfunction in the boiler feed pump. The issue should be resolved and the unit back up and operating within 72 hours. The purpose of the boiler feed pump is to efficiently pump water into the boiler. This component is normally wired to the boiler control circuit allowing the pump to maintain proper water levels in the boiler. Typical repair times for a failed pump range from 2-4 days.
Mirant Corporation headquartered in Atlanta, Georgia owns the Morgantown station. The company is traded on the New York Stock Exchange under the symbol MIR. The company has a power generation fleet of 24 power plants located in high population areas in the United States. The business also generates power in the Philippines, Curacao, and Trinadad. Mirant is a competitive energy company that produces and sells electricity in the United States, the Caribbean, and the Philippines. Mirant emerged from bankruptcy last year and posted a strong 2006 net income of $1.86 billion versus a net loss of $1.3 billion for 2005.
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Industrial Info Resources (IIR) provides marketing communication services ranging from industrial database solutions to market forecasting, custom analytics, and specialty promotions that support high-level image campaigns.
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