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U.S. Southwest Leads in Power Generation Kickoffs for First-Quarter 2016

Industrial Info is tracking 617 U.S. power generation projects worth $28.78 billion that are expected to kick off in first-quarter 2016.

Released Wednesday, December 23, 2015

U.S. Southwest Leads in Power Generation Kickoffs for First-Quarter 2016

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Researched by Industrial Info Resources (Sugar Land, Texas)--Fueled by the nation's abundant supply of natural gas, an array of power plant projects are set to get under way early next year. Industrial Info is tracking 617 U.S. power generation projects worth $28.78 billion that are expected to kick off in first-quarter 2016. Well over half of the total investment value (TIV) is located in just three regions, the Southwest, Northeast and West Coast.

Click to view power kickoffs Click on the image at right to see a graph detailing planned U.S. kickoffs in the power generation sector, by market region.

Roughly a third of the TIV--$9.38 billion--is tied to projects that are in the planning phases, where plenty of factors still could increase, decrease or totally eliminate the expected spending. The remaining $19.41 billion is connected to projects that are in engineering or early construction.

The Southwest leads all other regions, with nearly $7 billion in projected power generation projects in the first quarter. Among the highest-value projects in the region is FGE Power LLC's (The Woodlands, Texas) $800 million combined cycle power plant in Mitchell County, Texas. Starwood Energy Group Global LLC (Greenwich, Connecticut) is the co-developer of the planned 747-megawatt (MW) facility, which is expected to be completed in second-quarter 2018. SNC-Lavalin (TSX:SNC) (Montreal, Quebec) is providing engineering, procurement and construction (EPC) services. For more information on the project, see Industrial Info's project report.

The Northeast region comes in second, with $4.74 billion in project investments. Advanced Power AG's (Zug, Switzerland) $1.4 billion Cricket Valley combined-cycle power station in Dover Plains, New York is expected to be completed in first-quarter 2019. Bechtel Corporation (San Francisco, California) is the EPC firm for the 1,000-MW plant project, which will include three 200-MW natural gas-fired General Electric (NYSE:GE) (Fairfield, Connecticut) combustion turbine engines, with three heat recovery steam generators, and three steam turbine generator sets. For more information on the project, see Industrial Info's project report.

The West Coast region has $4.56 billion in power generation projects that are planned for kickoff in the first quarter. This includes NRG Energy Incorporated's (NYSE:NRG) (Princeton, New Jersey) $600 million brownfield simple-cycle plant in Carlsbad, California. The 600-MW facility will include six 100MW General Electric combustion turbines, each rated at 100 MW, plus auxiliary equipment. Burns & McDonnell Incorporated (Kansas City, Missouri) is providing the engineering for the project, which is expected to be completed in early 2018. For related information, see August 6, 2015, article - NRG to Build 500 Megawatts of Gas-Fired Generation in California. For more information on the project, see Industrial Info's project report.

The seven other highest-value North American T&D projects set to begin construction in first-quarter 2016 are:
  • $1.25 billion: Invenergy Wind North America LLC's 1300-MW Lackawanna Energy Center in Jessup, Pennsylvania
    For more information on the project, see Industrial Info's project report.
  • $1 billion: Denali Energy's 500-MW Hartland Windfarm, Phase I in Minot, North Dakota
    For more information on the project, see Industrial Info's project report.
  • $975 million: Tennessee Valley Authority's 1000-MW power station in Memphis, Tennessee
    For more information on the project, see Industrial Info's project report.
  • $900 million: 1 Competitive Power Ventures Incorporated's 650-MW Valley Energy Center in Middletown, New York
    For more information on the project, see Industrial Info's project report.
  • $800 million: Pure Energy Resources LLC's 800-MW generating station in Lordstown, Ohio
    For more information on the project, see Industrial Info's project report.
  • $800 million: Competitive Power Ventures Incorporated's 805-MW Towantic Energy Center in Oxford, Connecticut
    For more information on the project, see Industrial Info's project report.
  • $700 million: Development Partners Group LLC's 695-MW St. Joseph Energy Center in New Carlisle, Indiana
    For more information on the project, see Industrial Info's project report.
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. 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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