Page 3 - சமூக வெள்ளம் ப்ரிப்யாரெட்நெஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

IEEFA U.S.: Investors would best avoid two proposed Virginia combined-cycle gas plants Unneeded projects, if they go forward, will likely end up as stranded assets Investors should think twice before putting any money into two proposed natural gas-fired combined-cycle power plants in central Virginia. The rapidly moving transition to non-fossil generation resources is almost certain to turn the two plants, which would be only a mile apart, into stranded assets well before the end of their normal life expectancies. The two plants, the 1,060-megawatt (MW) C4GT unit and the 1,650MW Chickahominy facility, would feed into PJM, the 13-state (plus the District of Columbia) transmission operator that already has far more generating capacity than it needs. The system’s peak demand this past summer was 144,266MW on July 20; total available capacity topped 187,000MW, giving PJM a reserve margin of just under 30% almost double its target margin of 15.5%. 

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