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U.S. Mid-Atlantic Region to See Nearly $2.3 Billion in Third-Quarter Power Project Starts

The U.S. Mid-Atlantic market region, which includes Maryland, North Carolina, South Carolina, Virginia and West Virginia, is set to see $2.29 billion in Power Industry project starts from July through September this year.

Released Thursday, June 21, 2018

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Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Mid-Atlantic market region, which includes Maryland, North Carolina, South Carolina, Virginia and West Virginia, is set to see $2.29 billion in Power Industry project starts from July through September this year. Virginia, with more than $1.16 billion in planned projects, leads in terms of project value. Some of these projects potentially could be delayed, canceled or placed on hold. Industrial Info ranks projects according to low, medium and high probability.

Attachment Click on the image at right for a breakdown by state of planned third-quarter Power Industry project starts in the U.S. Mid-Atlantic region.

Solar projects abound in the region. Among these is Sustainable Power Group's (Salt Lake City, Utah) planned 500-megawatt (MW) Highlander solar farm near Thornburg, Virginia. Swinerton Renewable Energy is providing engineering, procurement and construction (EPC) on the project, which has an estimated total investment value (TIV) of $750 million. Construction is set to begin late in the third quarter and be completed in early 2020. For more information, see Industrial Info's project report.

Also in Virginia, Holocene Clean Energy Incorporated (Raleigh, North Carolina) plans to begin construction on the 15-MW Twittys Creek solar farm near Keysville. The project is being built on 70 acres and will use more than 59,000 ground-mounted, fixed tilt photovoltaic panels to supply the town of Keysville and neighboring communities. Construction is planned to kick off this summer and be completed before the end of the year. For more information, see Industrial Info's project report.

Solar is not the only form of renewable energy project planned to kick off in the region in the quarter. Near Suffolk, Virginia, General Power Corporation (Midlothian, Virginia) plans to begin work on a 17-MW landfill gas-to-energy center. The plant will include two 4.1-MW methane-fired combustion turbine-generators and an 8.8-MW steam turbine-generator. The project is expected to kick off this summer and take about a year to complete. For more information, see Industrial Info's project report.

In North Carolina, NTE Energy (Saint Augustine, Florida) plans to begin construction of a 500-MW natural gas-fired power plant near Reidsville. Gemma Power Systems LLC (Glastonbury, Connecticut) is providing EPC. The project has an estimated TIV of $510 million and is expected to be completed in the summer of 2021. For more information, see Industrial Info's project report.

At the Virgil C. Summer nuclear power station in South Carolina, where a previous grassroot project was cancelled, SCANA Corporation (NYSE:SCG) (Cayce, South Carolina) plans to have a refueling outage for Unit 1 in the quarter. The refueling, inspection and repairs to the 966-MW unit is expected to take 42 days. For more information, see Industrial Info's project report. In Huntersville, South Carolina, Duke Energy Corporation (NYSE:DUK) (Charlotte, North Carolina) plans to perform a refueling outage on Unit 2 of its McGuire Nuclear Power Station. Refueling, inspections and repairs to the 1,129-MW unit are expected to take 29 days. 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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