Investors News Release
|View printer-friendly version|
NRG Completes Four Coal to Gas Projects and Continues Fleet Optimization Strategy
Powering two million homes with half the carbon footprint
“We’ve made outstanding progress across our generation portfolio to
support our optimization strategy,” said
Collectively, the modified units can generate more than 2,780 MW, enough power to meet the demands of more than two million average homes. Given the anticipated reductions in carbon emissions resulting from these modifications, combined with the expected operating profiles for the units, the four plants are expected to reduce their combined carbon footprint by more than 80%.
“These modifications allow us to keep the lights on for millions of customers, helping keep power reliable, affordable and cleaner, while we continue towards a sustainable energy future,” added Gutierrez.
Generation facilities that had units modified to use natural gas include:
The Big Cajun II Generating Stationin New Roads, La., located approximately 30 miles northwest of Baton Rouge: One 540 MW unit was converted, generating enough power for more than 425,000 average households.
The Joliet Generating Station, located approximately 50 miles southwest of Chicago: All three units converted for a total of 1,326 MW generating enough power for more than one million average households.
The Shawville Generating Station, located approximately 40 miles northwest of State College, PA: All four units are currently in final commissioning following modification for a total of 590 MW generating enough power for almost 475,000 average households.
The New Castle Generating Station, located approximately 55 miles northwest of Pittsburgh: All three units have been modified for a total of 325 MW generating enough power for more than 250,000 average households.
This communication contains forward-looking statements that may state NRG’s or its management’s intentions, beliefs, expectations or predictions for the future. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, and typically can be identified by the use of words such as “will,” “expect,” “estimate,” “anticipate,” “forecast,” “plan,” “believe” and similar terms. Although NRG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, risks and uncertainties related to the anticipated benefit association with coal to gas modifications, conversions and gas additions.
The foregoing review of factors that could cause NRG’s actual results to
differ materially from those contemplated in the forward-looking
statements included herein should be considered in connection with
information regarding risks and uncertainties that may affect NRG’s
future results included in NRG’s filings with the
NRG Energy, Inc.
David Knox, 832-357-5730
Marijke Shugrue, 609-524-5262
Kevin L. Cole, CFA, 609-524-4526
Lindsey Puchyr, 609-524-4527