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Released August 12, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--While Industrial Info has been tracking the projects for some time, AES Indiana, a subsidiary of AES Corporation (NYSE:AES) (Arlington, Virginia), last week made it official that it would put $1.1 billion into solar power, battery storage and a coal-to-gas conversion in Pike County, Indiana.
AES has had exiting coal power in Indiana on its radar for some time, and the company's recently announced plans set out a roadmap for how this will be achieved. One of the first steps will be the completion of the Petersburg Energy Center, a 250-megawatt (MW) solar farm with 180 megawatt-hours (MWh) of battery energy storage capability. The facility will feature more than half a million solar panels capable of supplying emissions-free generation and the battery energy storage system (BESS) will allow power output of up to 60 MW for three hours in times of high demand or when the sun isn't shining. AES acquired the project from NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida) in late 2021. The facility is presently under construction and expected to go online in 2025, the year AES has said it will retire the two remaining operational coal-fired units at the nearby Petersburg Generating Station. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report.
While the closure of the two coal-fired units has been planned for a while, the conversion of the units to natural gas was only a suggested possibility earlier this year. The plant's two remaining units, units 3 and 4, have a combined generating capacity of about 1,052 MW. AES will stop burning coal and begin the natural gas conversion on both units next year, putting the project on track for completion in 2026. Subscribers can click here to learn more about the project.
At the Petersburg Generating Station will be a new BESS unit. The Indiana Utility Regulatory Commission approved the Pike County Battery Energy Storage Project in January of this year. The BESS facility will employ share some of the basic infrastructure as the current coal-fired plant, easing the means of transmission and distribution of the battery power. The new storage system will provide 200 MW of installed capacity and 800 MWh of dispatchable generation. This facility also is planned for completion in 2025, when the coal units will retire. Subscribers can click here to learn more.
The coal conversion, solar-plus-storage facility and standalone BESS unit will account for $1.1 billion in spending, according to AES, all destined for Pike County in southwestern Indiana, near the Illinois and Kentucky borders. But AES has at least one other project set to kick off this year elsewhere in the state. Unit 7 at the Harding Street Generating Station in Indianapolis was commissioned in 1973. AES converted the unit from burning coal to natural gas in 2016. Now, it's time for some upgrades. The Alstom dry-bottomed boiler will have 200 tube bundles from the superheater and reheater sections replaced. The entire project is set to begin toward the end of this year and finish by its close. Subscribers can learn more by viewing the project report.
Subscribers to Industrial Info's GMI Database can click here to view reports for all of the projects discussed in this article and click here for the related plant profiles.
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) 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 over 200,000 current and future projects worth $17.8 trillion (USD).
AES has had exiting coal power in Indiana on its radar for some time, and the company's recently announced plans set out a roadmap for how this will be achieved. One of the first steps will be the completion of the Petersburg Energy Center, a 250-megawatt (MW) solar farm with 180 megawatt-hours (MWh) of battery energy storage capability. The facility will feature more than half a million solar panels capable of supplying emissions-free generation and the battery energy storage system (BESS) will allow power output of up to 60 MW for three hours in times of high demand or when the sun isn't shining. AES acquired the project from NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida) in late 2021. The facility is presently under construction and expected to go online in 2025, the year AES has said it will retire the two remaining operational coal-fired units at the nearby Petersburg Generating Station. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report.
While the closure of the two coal-fired units has been planned for a while, the conversion of the units to natural gas was only a suggested possibility earlier this year. The plant's two remaining units, units 3 and 4, have a combined generating capacity of about 1,052 MW. AES will stop burning coal and begin the natural gas conversion on both units next year, putting the project on track for completion in 2026. Subscribers can click here to learn more about the project.
At the Petersburg Generating Station will be a new BESS unit. The Indiana Utility Regulatory Commission approved the Pike County Battery Energy Storage Project in January of this year. The BESS facility will employ share some of the basic infrastructure as the current coal-fired plant, easing the means of transmission and distribution of the battery power. The new storage system will provide 200 MW of installed capacity and 800 MWh of dispatchable generation. This facility also is planned for completion in 2025, when the coal units will retire. Subscribers can click here to learn more.
The coal conversion, solar-plus-storage facility and standalone BESS unit will account for $1.1 billion in spending, according to AES, all destined for Pike County in southwestern Indiana, near the Illinois and Kentucky borders. But AES has at least one other project set to kick off this year elsewhere in the state. Unit 7 at the Harding Street Generating Station in Indianapolis was commissioned in 1973. AES converted the unit from burning coal to natural gas in 2016. Now, it's time for some upgrades. The Alstom dry-bottomed boiler will have 200 tube bundles from the superheater and reheater sections replaced. The entire project is set to begin toward the end of this year and finish by its close. Subscribers can learn more by viewing the project report.
Subscribers to Industrial Info's GMI Database can click here to view reports for all of the projects discussed in this article and click here for the related plant profiles.
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) 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 over 200,000 current and future projects worth $17.8 trillion (USD).
