Power
Natural Gas-Powered Unit Goes Online at Kentucky's Cane Run Station
Louisville Gas and Electric, Kentucky's largest electric power utility, announced that a new natural gas-powered unit at the Cane Run Generating Station was brought online last month
Released Thursday, July 09, 2015
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Researched by Industrial Info Resources (Sugar Land, Texas)--Louisville Gas and Electric (Louisville, Kentucky) (LG&E), Kentucky's largest electric power utility, announced that a new natural gas-powered unit at the Cane Run Generating Station was brought online last month. LG&E is part of PPL Corporation (NYSE:PPL) (Allentown, Pennsylvania).
The unit is a combined-cycle turbine, which generates electricity with gas turbines and recycles exhaust heat to generate steam and produce additional electricity.
The 640-megawatt (MW) unit will replace coal-burning units that were built in the 1950s. The coal-burning units are being decommissioned.
The new gas-powered unit was projected to cost $563 million, but came in $18 million under that that amount.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 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.
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