Power
TXU Powers Martin Lake Station Offline Due to Transformer Fire
The Martin Lake Steam Electric Station consists of three lignite-fueled units. The lignite is supplied by nearby mines and supplemented with ...
Released Wednesday, December 13, 2006
Researched by Industrial Info Resources (Sugar Land, Texas). TXU Powers (owned by TXU Corporation (NYSE:TXU) Martin Lake Steam Electric Station suffered an outage yesterday due to a transformer issue. The stations 793-megawatt (MW) Unit 02 was forced offline due to a fire occurring at the main transformer. The unit was taken offline safely and abatement systems were kept in service as long as temperatures would allow. Officials are projecting approximately four days of outage time and are hoping to have the unit returned to the grid by December 15th. The stations other two 793 MW generators, Units 01 & 03, were not affected by the fire.
TXU Corporation operates as a holding company that manages a portfolio of competitive and regulated energy businesses in Texas. The company, through its subsidiary, TXU Energy Company, LLC, engages in electricity generation, residential & business retail electricity sales, and wholesale power activities. Through another subsidiary, TXU Electric Delivery, the company engages in regulated electricity transmission and distribution operations providing power to approximately 3 million electric delivery points. The company serves residential and small businesses, municipalities, electric co-operatives, and other distribution companies. As of December 31, 2005, TXU provided electricity and related services to 2.3 million retail electricity customers in Texas. As of the above date, the company owned or leased approximately 18,300 megawatts of generation, including 2,300 megawatts of nuclear and 5,837 megawatts of lignite/coal-fired generation capacity. In 2005, TXU Corporations gross profit revenue was $4.9 billion. TXU Corporation was founded in 1944 and is headquartered in Dallas, Texas.
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Industrial Info Resources (IIR) is a Marketing Information Service company that has been doing business for over 23 years. IIR is respected as the leader in providing comprehensive market intelligence pertaining to the industrial processing, heavy manufacturing, and energy-related industries throughout the world.
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