Red Oak Power

Last updated
Red Oak
Red Oak Power
CountryUnited States
Location Sayreville, New Jersey
Coordinates 40°26′57″N74°20′52″W / 40.44917°N 74.34778°W / 40.44917; -74.34778
StatusOperational
Commission date 2002
Owner(s) Carlyle Group
Thermal power station
Primary fuel Natural gas
Combined cycle?Yes
Power generation
Units operational4 [1]
Nameplate capacity 830 MW

Red Oak is an 830-megawatt combined cycle gas turbine power plant located in Sayreville, New Jersey not far from the South River opened in 2002. [2]

Contents

Energy Capital acquired it from a subsidiary of the AES Corporation in April 2012, [3] [4] which, in November 2013, sold it to the Carlyle Group. [5]

Damage to the plant due to Hurricane Sandy in 2012 took it offline line for five months. [6]

TAQA subsidiary TAQA Gen-X owns 85% and Morgan Stanley owns 15% of the tolling agreement for the facility through its with partner. [7] Natural gas is provided by New Jersey Resources. [8] [9] [10] [11] It is part of the PJM Interconnection of the Eastern Interconnection grid electric transmission system. A 2013 report named It is one of the largest single sources of carbon pollution in the state. [12]

The Sayreville Energy Center operated by NextEra Energy Resources is nearby. [13] [14]

See also

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References

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  2. Nekson, Lloyd (September 12, 2013). "Sayreville power plant named one of state's worst polluters, according to report". The Star-Ledger. Retrieved 2015-03-25.
  3. "Red Oak, LLC" (Press release). Energy Capital Partners. Retrieved 2015-03-25.
  4. "AES to sell 2700 MW in CCGT power plant assets for proceeds totaling $463MM" (Press release). Penn Energy. February 27, 2012. Retrieved 2015-03-25.
  5. "The Carlyle Group Completes Acquisition of Red Oak Power Generation Facility" (Press release). The Carlyle Group. November 7, 2013. Retrieved 2015-03-25.
  6. "Powerful forces push generation deals - the Deal Pipeline (SAMPLE CONTENT: NEED AN ID?)". Archived from the original on 2014-07-03. Retrieved 2015-03-25.
  7. "North America". TAQA. Retrieved 2015-03-25.
  8. http://www.state.nj.us/bpu/pdf/boardorders/2014/20141022/10-22-14-2C.pdf [ bare URL PDF ]
  9. Johnson, Tom (September 3, 2013). "STATE AGENCY VOTES TO LET POWER COMPANY SWITCH UTILITIES". NJ Spotlight. Retrieved 2015-03-25.
  10. "NJNG Receives Final BPU Approval to Add Largest Customer".
  11. Friedman, Alexi (December 19, 2013). "N.J. Natural Gas strikes long-term deal to provide service to Sayreville power plant". The Star-Ledger. Retrieved 2015-03-25.
  12. "Report Reveals NJ's Top 5 Most Carbon Polluting Power Plants" (Press release). Environment New Jersey. September 10, 2013. Retrieved 2015-03-25.
  13. "Sayreville Energy Center" (PDF). NextEra Energy. Retrieved 2015-03-25.
  14. "Sayreville Energy Center". American Power Ventures. Retrieved 2015-03-25.