NRG plans to propose 3 new NY plants

NRG Energy has plans to offer up to three proposals for a new natural gas-fired plant to replace the nuclear reactors at Entergy’s Indian Point nuclear power plant in New York, according to a report from Reuters. The New York Power Authority is seeking proposals for new sources for power generation because of the potential closing of the Indian Point nuclear power facility located in close proximity to New York City.

Lee Davis, NRG Senior Vice President and Regional President, East, said that NRG would be offering to build a combined-cycle natural gas-fired plant to replace oil and gas-fired units at the 580MW Astoria plant in New York City. The new plant would cost up to USD 1.5B and generate between 520MW and 1,040MW of power.

Davis said that NRG would also offer to add a 775MW combined-cycle natural gas-fired unit to the existing 1,139MW Bowline oil and gas plant on the Hudson River about five miles south of Indian Point, according to Reuters. That unit is estimated to cost around USD 1B.

The company is considering proposing a new natural gas-fired plant at the site of the closed Lovett coal-fired plant on the Hudson River south of Indian Point, the report stated.

Currently, the 2,037MW Indian Point facility provides about 25% of New York City’s energy supply. The New York Post, using an estimate from Consolidated Edison and the New York Power Authority, reported that closing the facility could cost electricity customers in the New York City area as much as USD 800M.

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