April 12, 2016— Quantum Utility Generation, LLC (“QUG”) today announced that all three of the sites in its advanced development portfolio of natural gas-fired peaker projects involving Navasota Energy Services, LLC (“Navasota”) have received their PSD air permits and GHG air permits and are construction-ready. All the sites are located in Texas. “Navasota Energy Generation Holdings LLC (“NEGH”), whose members …
ERCOT system breaks 69,000 MW in hourly peak demand for first time ever
AUSTIN, TX, Aug. 10, 2015 — For the first time in this grid operator’s history, hourly demand within the Electric Reliability Council of Texas (ERCOT) system today broke the 69,000 MW threshold, with peak demand for electricity reaching 69,783 megawatts (MW)* between 4 and 5 p.m. and 69,408 MW between 3 and 4 p.m. “The ERCOT system has been performing …
Quantum backs new Texas gas peaking units
Houston , 7 August (Argus) — An affiliate of Quantum Utility Generation has joined Navasota Energy Generation Holdings to help finance construction of three natural gas-fired peaking power plants in Texas scheduled to begin producing power in mid-2017. Quantum president Sean O’Donnell said the Texas power market needs more gas peakers “to support the integration of large-scale renewable resources as …
July demand records continue, ERCOT requests conservation during today’s peak
AUSTIN, TX, July 30 — The Electric Reliability Council of Texas (ERCOT), grid operator for most of Texas, is asking electric consumers to limit or reduce electric use where possible during the 3-7 p.m. peak demand hours today. Electric demand this week has reached three consecutive July records, breaking 67,000 megawatts (MW) for the first time since 2011 on Wednesday, …
Quantum eyes 1,800-MW gas plant in ERCOT
Quantum Utility Generation said Thursday that it has partnered with Navasota Energy Services to co-develop three roughly 600-MW peaking facilities in the Electric Reliability Council of Texas, and has agreed to provide financing for the projects. “We see a specific need in ERCOT for the addition of highly efficient natural gas-fired peaking capacity to support the integration of large-scale renewable …
Quantum Utility Generation Acquires ERCOT Development Portfolio from Navasota Energy
May 27, 2015 19:36 ET | Source: Quantum Utility Generation, LLC Houston, TX, May 27, 2015 (GLOBE NEWSWIRE) – Quantum Utility Generation, LLC (“QUG”, or “Quantum”) announced today that one of its affiliates has acquired a development portfolio of natural gas-fired peaker projects from Navasota Energy Services, LLC (“Navasota”). The 1,764 megawatt portfolio currently consists of three advanced-stage development projects …
TCEQ responds to public comments on proposed Van Alstyne power plant
By Ann Smajstrla Herald Democrat VAN ALSTYNE —The Texas Commission on Environmental Quality has addressed recent comments from members of the public regarding a power plant proposed by Navasota Energy that would be located near Van Alstyne. This is a step in the process toward the company receiving an air permit for the plant. The Van Alstyne Energy Center would …
Navasota advances three peaker projects
17 Apr 15 – Electricity, Natural gas, Renewables, Coal-fired, Gas-fired, Nuclear Houston, 17 April (Argus) — Permit applications filed by Navasota Energy to build three natural gas-fired peaking power plants in Texas are nearing regulatory approval at the Texas Commission on Environmental Quality (TCEQ). If all state approvals are obtained, Navasota hopes to begin construction on the three 543MW peakers …
ERCOT Expects Tight Reserves at Start of Summer
News Release March 05, 2014 More than 2,100 MW of new generation expected on-line by August AUSTIN, TX, MARCH 5, 2014 – The Electric Reliability Council of Texas (ERCOT), grid operator for most of Texas, today released its final Seasonal Assessment of Resource Adequacy (SARA) for this spring and a preliminary outlook for the coming summer. Although tight conditions are …
Calpine Completes Purchase of Guadalupe Power Plant in Texas for $625 Million
February 27, 2014 Calpine Corporation (NYSE:CPN) has completed the acquisition of a natural gas-fired, combined-cycle power plant located in Guadalupe County, 30 miles northeast of San Antonio, Texas, in ERCOT’s south zone. Calpine purchased the plant, which has a nameplate generating capacity of 1,050 megawatts, from MinnTex Power Holdings, LLC (a portfolio company owned by a private investment fund managed …
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