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Iowa Developers Consider 27% Increase in Power Generation

Iowa currently has approximately 13,660 megawatts (MW) of operational electrical generation capacity, of which 20.5% is renewable energy...

Released Tuesday, June 09, 2009


Researched by Industrial Info Resources (Sugar Land, Texas)--Iowa currently has approximately 13,660 megawatts (MW) of operational electrical generation capacity, of which 20.5% is derived from renewable energy sources: hydroelectric, 125 MW; landfill gas, 11 MW; and wind, 2,163 MW. The majority of the balance is made up of fossil fuel, with coal-fired power generation projects totaling 7,165 MW and with gas/oil-fired generation bringing in 3,600 MW. The 581-MW balance of generation is supplied by the 35-year-old Duane Arnold Energy Center (Palo, Iowa), a nuclear facility that is operated and 70% owned by NextEra Energy Resources, a subsidiary of FPL Group (NYSE:FPL) (Juno Beach, Florida). The balance is owned by the Central Iowa Power Cooperative (Cedar Rapids, Iowa), which owns 20%, and the Corn Belt Power Cooperative (Humboldt, Iowa), which owns 10%.

Click to view an IIR Attachment Click on the image at right to see a breakdown of proposed power generation capacity in Iowa.

Power generation developers in Iowa are looking to add 3,678 MW to increase the state's capacity by 27%. Of the proposed capacity, 78.9% is made up of renewable energy: 2,823 MW from wind, 41 MW from hydroelectricity, 40 MW from synthetic-natural-gas-fired power, 525 MW from coal-fired generation, 245 MW from natural-gas-fired generation, and 4 MW from fuel-oil-fired generation. If all of the renewable generation planned is added, it would increase Iowa's renewable energy capacity to 30% of the total generation.

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Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, and daily industry news.
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