Dominion, CNG Plan Up to 2,400 MW of New Power
Even before their merger is consummated, Dominion Resources and
Consolidated Natural Gas are making plans to begin development of
four gas-fired peaking power generation facilities along CNG
Transmission in Ohio, Pennsylvania and West Virginia. The
facilities represent up to $800 million in local investment. All
four plants are expected to be in service in time for peak summer
demand in 2002.
The proposed projects include a 600 MW facility in Wood County,
OH, a 300-600 MW facility in Armstrong County, PA, a 600 MW
facility in Muskingum County, OH, and a 300-600 MW plant in
Pleasants County, WV. The amount of gas they burn will be
determined by how often they're dispatched during peaking power
demand periods, a spokesman noted last week.
Dominion and CNG affiliates will construct, operate and maintain
the facilities on a 50-50 basis. Dominion said on Friday it has
signed an agreement with General Electric Co. for an option to
purchase 10 natural gas-fired electric generation turbines for an
Dominion and CNG are considering additional sites for
development along CNG's natural gas pipeline network in Ohio,
Pennsylvania, New York, Virginia and West Virginia. In April, they
said they identified 45 potential sites.
The Wood County, OH, plant is to be built at the Lemoyne
Industrial Park about two miles northeast of Luckey, OH. The
companies plan to identify a site for the Muskingum County, OH,
plant by July. The gas-fired generating plant in Armstrong County,
PA, will be located on an industrial site owned by CNG near its
South Bend Compressor Station in Elderton.
In February, Virginia Power parent Dominion Resources, based in
Richmond, VA, and CNG, based in Pittsburgh, PA, signed a definitive
merger agreement. Dominion fought off a competing bid by Columbia
Energy earlier this month by upgrading its own offer to $6.4
billion. The merger of CNG and Dominion is expected to be completed
by the end of this year. Rocco Canonica
©Copyright 1999 Intelligence Press, Inc. All rights
reserved. The preceding news report may not be republished or
redistributed in whole or in part without prior written consent of
Intelligence Press, Inc.