GE Vernova will supply turbines for a planned natgas plant in Pennsylvania by 2026
GE Vernova is helping to transform Homer City Generating Station, a coal-powered power plant in Pennsylvania, into a campus of natural gas powered data centers by providing seven turbines that will produce almost 4.5 gigawatts.
The project should begin generating power in 2027. It will be the largest natural-gas power plant in the U.S. once it is completed. This surpasses Florida Power & Light West County Energy Center's capacity of almost 3.8 GW.
Homer City Redevelopment, the company in charge of this project, released a statement on Wednesday stating that the construction is expected to start by the end of the year and GE Vernova would supply the turbines until 2026.
Gas turbines for large-scale power projects are expected to be in high demand due to the energy-intensive data centres needed to scale up artificial intelligence technologies.
The U.S. Natural Gas industry is expected to reach record levels due to this demand. However, a lack in infrastructure could harm the industry.
HCR said that Knighthead Capital Management will continue to be the leader in project financing. The company has been a significant investor in Homer City since nearly eight years. An initial capital investment of more than $10 billion is expected for power infrastructure and for site readiness.
(source: Reuters)