The PSEG Power unit of Public Service Enterprise Group (NYSE: PEG) has three gas-fired power projects under construction in Maryland, Connecticut and New Jersey, representing about 1,800 MW of new capacity, said the parent company in a Sept. 15 presentation.
The in-construction, combined-cycle gas turbine (CCGT) projects are:
- Maryland, Keys Energy Center, greenfield project, 755 MW, estimated cost $825 million-$875 million, Siemens technology, estimated to be in-service in April 2018;
- New Jersey, Sewaren Unit 7, replacement of existing capacity at Sewaren plant, 540 MW, estimated cost $625 million-$675 million, General Electric technology, estimated to be in-service in June 2018; and
- Connecticut, Bridgeport Harbor Unit 5, will replace coal unit at the site, 485 MW, estimated cost $525 million-$575 million, GE technology, estimated to be in-service in June 2019.
PSEG said these new facilities will add a number of positives for the PSEG Power fleet in terms of efficiency, emissions and lower generating costs.