NTE Energy has announced a new 1,000 MW capacity natural gas fired power plant – Anderson County Energy Center in Anderson County, South Carolina with an investment of more than $1 billion.
Anderson County Energy Center in South Carolina
To be designed to generate clean and low-cost electricity, the Anderson County Energy Center is expected to meet the power consumption requirements of more than a million South Carolina businesses and homes.
The new natural gas fired power plant in South Carolina is expected to be put into service by 2024. NTE Energy is looking to complete development and permit process of the Anderson County Energy Center in the coming 18-24 months.
NTE Energy Power Plants
The Anderson County natural gas fired power plant will join other power plants of NTE Energy’s fleet of other power plants across the US after its completion. These include the 475MW Kings Mountain Energy Center in Cleveland County and the 500MW Reidsville Energy Center in Rockingham County, both located in North Carolina. These two natural gas fired power plants are expected to be commissioned in three years’ time.
While the Kings Mountain Energy Center project cost is over $440 million, the Reidsville Energy Power Plant project cost is more than $500 million.
NTE Energy is also developing the Killingly Energy Center in Killingly with 550MW capacity in Connecticut with an investment of $500 million and also the Middletown Energy Center with an investment of over $600 million in Middletown in Butler County, Ohio with 475MW capacity.
While the Killingly Energy Center is to be put into operations in 2021, the Middletown Energy Center is aimed to begin operations this year.
Mike Green – SVP of Carolinas Development for NTE Energy, commenting on the Anderson County Energy Center, said: “The addition of the Anderson County facility brings NTE’s generation portfolio to more than 2,000 MW representing some the newest, cleanest and most efficient power plants in the country. This substantial investment in the State of South Carolina will provide long term benefits to all of our customers through stable, lower power rates and enhanced economic development.”
Discover more from Business-News-Today.com
Subscribe to get the latest posts sent to your email.