Construction is expected to begin in January on Oregon’s second major power plant fueled by natural gas, a $900 million project that reinforces how America’s fracking boom is upending the energy marketplace.
The Ohio Power Siting Board on Thursday agreed to issue a permit to a Massachusetts developer planning to build the 955-megawatt project on behalf of Clean Energy Future-Oregon, LLC.
Plans call for that plant to begin operating in 2020 next to the 960-mw Oregon Clean Energy plant that went online this summer.
Both are attractive to the 13-state regional grid operator that includes Ohio, PJM Interconnection LLC, because each will have the capacity to produce more electricity than FirstEnergy Corp.’s cash-strapped Davis-Besse nuclear plant in nearby Ottawa County.
FirstEnergy has said it may close Davis-Besse prematurely unless it finds a buyer or gets assistance from the Ohio General Assembly to help that plant and its Sammis coal-fired power plant in southern Ohio. Rock-bottom natural gas prices have resulted in coal and nuclear plant retirements elsewhere in the United States.To read the whole article click here.
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