Texas Independent Energy, a 50-50 joint venture of PSEG Global of New Jersey and Panda Energy International of Dallas, plans to design, build and operate a third merchant power plant in Texas. This one, to be in Ector County, represents a total investment of about $300 million. The Ector County plant will burn an average of 145 MMcf/d with a peak gas consumption of 170 MMcf/d. Commercial operation is expected by summer 2001.
Jersey
Articles from Jersey
Power Projects Popping Up Like Weeds in Texas
Texas Independent Energy, a 50-50 joint venture of PSEG Globalof New Jersey and Panda Energy International of Dallas, plans todesign, build and operate a third merchant power plant in Texas.This one, to be in Ector County, represents a total investment ofabout $300 million. The Ector County plant will burn an average of145 MMcf/d with a peak gas consumption of 170 MMcf/d. Commercialoperation is expected by summer 2001.
April 15, 1999
NJ Deregulation Stumbles In Legislature
Uncertainty over the treatment of municipal aggregation in NewJersey’s energy deregulation legislation caused the state’srestructuring bill to be bounced back and forth several times lastweek between the general assembly and senate, resulting in at leasta two-week delay before a final decision. The restructuring billprovides strict deadlines of Aug. 1 for statewide electric utilitygeneration unbundling, and Dec. 31 for statewide gas utility supplyunbundling. It is being reviewed by the assembly at the presenttime, and the next available voting session will take place Jan.28.
January 18, 1999
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