Power
Great Lakes Region to See More than $3 Billion in Second-Quarter Power Project Starts
The U.S. Great Lakes region, which includes Illinois, Indiana, Kentucky, Michigan, Ohio and Wisconsin, is seeing an influx of planned Power Industry project starts in the second quarter of this year.
Released Tuesday, March 02, 2021
Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Great Lakes region, which includes Illinois, Indiana, Kentucky, Michigan, Ohio and Wisconsin, is seeing an influx of planned Power Industry project starts in the second quarter of this year. Industrial Info is tracking more than $3 billion of the region's upcoming power project starts, covering a range of different segments.
Like other U.S. regions, the Great Lakes market region is seeing an influx of wind and solar projects as these renewable energy sources become cheaper to construct and more efficient to operate. In the region, solar projects dominate other types of power sources. Examples include Hecate Energy LLC's first phase of a planned two-phase solar farm near Mowrystown, Ohio. The first phase involves construction on two sections of the project, which will have a total generating capacity of 100 megawatts (MW). The project was previously delayed by the COVID-19 pandemic but is now on track to begin construction in the upcoming quarter, with McCarthy Building Companies Incorporated (Saint Louis, Missouri) providing engineering, procurement and construction services. Construction on a 200-MW second phase is set to kick off this summer, for completion in 2022. For more information, see Industrial Info's project reports on Phase I and Phase II.
Several smaller solar projects also can be found in the region, such as AES Corporation's (NYSE:AES) (Arlington, Virginia) 15-MW Letts Creek Solar Plant in Grass Lake, Michigan. The facility will be constructed on a 109-acre site using single-axis pole-mounted solar panel technology. Construction is set to be completed by the end of this year. For more information, see Industrial Info's project report.
Among the upcoming wind power projects in the region is Algonquin Power & Utilities Corporation (NYSE:AQN) (Oakville, Ontario) Phase II windfarm project near Compton, Illinois, about 80 miles west of Chicago. Construction is set to be completed in the fourth quarter. For more information, see Industrial Info's project report.
Much of the renewable energy being built in the U.S. is to replace retired coal-fired plants, and the Great Lakes region, where Industrial Info is tracking the upcoming closures and demolition of both coal-fired plants and ash ponds, is no exception. Among the region's coal-fired demolition and dismantlement projects is the 450-MW Presque Isle Power Station in Marquette, Michigan, on the shores of Lake Superior on the state's Upper Peninsula. At one point, the power station generated 90% of the Upper Peninsula's power. The facility has five inactive generating units, all of which were retired by the first quarter of 2019. While the project has seen some slippage from in its initial kickoff date, the demolition is set to begin late in the upcoming quarter, and the project is expected to be completed by the end of 2023. For more information, see Industrial Info's project report.
Closures of coal ash landfills and ponds also abound, such as that of Duke Energy Incorporated's (NYSE:DUK) (Charlotte, North Carolina) coal ash landfill at the Cayuga Power Station in Cayuga, Indiana. The closure of the 52.9-acre landfill is to comply with the Environmental Protection Agency's Coal Combustion Residuals (CCR) rule. The project at the 52.9-acre landfill is planned to wrap up in fourth-quarter 2023. For more information, see Industrial Info's project report.
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.
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