Washington Group International has received a limited notice to proceed from We Power LLC, a non regulated subsidiary of Wisconsin Energy, on an engineering, procurement, and construction contract for a new 500 MW combined-cycle, natural-gas-fueled unit at Port Washington, Wisconsin. Total installed cost of the first unit is expected to be $326 million. Wisconsin Energy plans to add 2,800 MW of new generating capacity in Wisconsin.
A report by Andrew Weissman, president of Energy Business Watch and Foresight Weather, a commercial weather forecasting enterprise that provides weather forecasts for power generators and energy traders, concludes that by the end of this year’s heating season, more natural gas will be withdrawn from underground storage than ever before ultimately resulting in long-term natural gas shortages and historically high prices in the U.S.
FERC has unveiled a comprehensive plan to streamline the licensing of hydroelectric projects. The proposal, referred to as the “integrated” process, would become the commission’s primary licensing process, with the existing alternative licensing process and the traditional process remaining as options for applicants in certain situations.
Sunset Energy Fleet will build and operate the largest barge-mounted combined cycle power plant in the world – a 520 MW plant moored in the Sunset Park section of Brooklyn and slated for operation in 2005. The plant will replace an existing permanently moored ship that is used as a concrete transfer station.