Competitive Power Ventures (CPV), GE and Osaka Gas joinly plans for New $700 million CPV Fairview Energy Center in Johnstown, Pennsylvania 1,050-megawatt (MW) natural gas and ethane-fueled combined-cycle electric generating station.
"The CPV Fairview Energy Center will help modernize the grid and improve electric reliability while reducing our environmental footprint and creating significant economic development in the region." said CPV President & CEO Gary Lambert. "We are grateful for our strong partnership with GE and Osaka Gas, as well as the support we have seen from state and local officials notably that of Jackson Township who has welcomed us with open arms into the community."
The project has staunch support from Jackson Township and will yield substantial local and regional benefits. Those benefits include hundreds of millions of dollars in private infrastructure investment, significant revenue for the state in sales tax during construction and significant new revenues for local governments and businesses.
CPV Fairview will utilize GE's 7HA.02 gas turbines, a steam turbine, generators and additional controls equipment. The HA is GE's largest and most efficient gas turbine, and in June of 2016, GE was recognized for powering the world's most efficient combined-cycle power plant with its HA technology. GE's HA technology also offers industry-leading flexibility - capable of delivering full power to the grid in under 30 minutes - and provides cleaner, more reliable and sustainable power to customers. CPV Fairview will be unlike any other similar plant as it will be fueled by a mix of natural gas and ethane.
CPV, GE and Osaka Gas originally announced the project in March 2017 as co-developers. Once operational, the CPV Fairview Energy Center will require nearly two dozen new, well-paid jobs earning a total of $3-4 million in annual salaries and benefits, and it will be a valuable generating resource for the PJM market.
Commercial operations starts in early 2020.
|Partners Company Name||Competitive Power Ventures (CPV), Osaka Gas|
|Type||New CPV Fairview Energy Center|
|Estimated Cost||$700 million|