New power plant Calpine announces construction, development in Freestone County

in Freestone County Times | Source: Freestone County Times | Posted 12/22/2023

The 425 MW simple-cycle gas power plant will be adjacent to Calpine’s existing 1,063 MW combined-cycle plant and be operational before summer 2026.

AI generated summary

Celebrating Calpine's latest investment in the Texas grid last week were Texas Governor Greg Abbott and ERCOT CEO Pablo Vegas as they visited the company's headquarters in Houston on Thursday, December 14, 2023. During the event, Calpine CEO Thad Hill announced Calpine's decision to proceed with advanced development and construction of a new power plant in Freestone County. The investment contributes directly to the goals of Texas officials, who recently established new market-based mechanisms to boost generation of reliable power.

Hill said the company's new 425-megawatt simple-cycle gas-fired power plant will be built adjacent to Calpine's existing Freestone Energy Center, a 1,063-megawatt combined-cycle plant. The new facility will be operational before the summer of 2026. "Texas has experienced tremendous growth over the last several years. With this new economic activity, we also have greater demand for reliable and affordable energy. Meeting those needs is one of our highest priorities at Calpine," said Hill. Governor Abbott added that Texans need more electrical power and expressed gratitude to Calpine for expanding their facility in Freestone County.

Link to Original Article

Please find the link to the full article below. (Please note that content provider might require a paid subscription)

Source Link: https://freestonecountytimesonline.com/new-power-plant-calpine-announces-construction-development-in-freestone-county/

Create a free trial account: Sign Up

Grid monitor is free to try. No credit card required

New power plant Calpine announces construction, development in Freestone County

AI generated summary

Link to Original Article

Create a free trial account: Sign Up

Already have an account? Login