Calpine Corp. (NYSE:CPN) said Nov. 1 that it has confirmed its commitment to proceed with full-scale development efforts for the proposed 309-MW, gas-fired Garrison Energy Center, to be located in Dover, Del.
Subject to continued successful development milestones, including the receipt of key environmental and land use approvals, Calpine said it expects to begin construction of the facility in early 2013 and to achieve commercial operation by June 1, 2015.
“When Calpine acquired Conectiv Energy in July 2010, we made a commitment to Delaware that we would be a good corporate citizen,” said Jack Fusco, Calpine President and CEO. “Initially, we voluntarily eliminated the use of coal at our power plants in favor of cleaner burning natural gas. Our next step is to help Delaware ensure its electric energy supply future by constructing a modern, state-of-the art power plant that will provide competitively priced, reliable electric energy for the Delmarva Peninsula.”
The Garrison Energy Center, a combined-cycle, natural gas-fired facility, will be designed to accommodate an additional 309 MW expansion should future market conditions warrant. The project has received strong support from state and local officials as a significant economic development opportunity and a valuable addition to the state’s energy infrastructure Calpine noted.
“Delaware is committed to securing cleaner, cheaper and more reliable energy,” said Gov. Jack Markell. “By deploying advanced energy-efficient technology, electric production from the Garrison Energy Center will provide lower-cost and cleaner electricity for Delaware residents and businesses, while displacing older, inefficient and dirtier sources of energy from upwind states. Since Calpine established a regional headquarters in Wilmington two years ago, my administration has supported its efforts to help meet the state’s power needs while creating jobs and spurring new economic development opportunities.”
Calpine is the largest independent power producer in the U.S., with a fleet of 93 power generation plants representing more than 28,000 MW of capacity. Last year, its plants generated more than 94 million megawatt hours of power for wholesale customers in 20 states and Canada. Its 91 operating plants, as well as two under construction, consist primarily of natural gas-fired and renewable geothermal power plants that use advanced technologies to generate power in a low-carbon and environmentally responsible manner.