#United States #New York #LS Power #PJM #Reliability Resource Initiative

LS Power Unveils Proposal to Enhance Energy Supply Across PJM

In an ambitious move to bolster the energy infrastructure in the PJM region, LS Power, a notable name in North America's power and energy sector, has submitted a proposal aimed at adding approximately 700 MW of new generation capacity. This initiative falls under PJM's Reliability Resource Initiative (RRI), which has been launched to expedite the connection of essential projects to the power grid. The urgency stems from a surge in energy demand, particularly driven by the proliferation of data centers and rising electrification needs.

Nathan Hanson, President of LS Power Generation, outlined the company's commitment to addressing the region's pressing energy requirements, stating, "With surging demand across the region, LS Power is answering the call for more dispatchable generation to support reliability and resource adequacy, and at a cost less than greenfield new build."

Addressing Capacity Needs

The need for additional capacity comes as PJM seeks to ensure reliability amidst increasing energy demands. The current landscape, marked by a rapid rise in data consumption and electric vehicle adoption, has amplified the urgency for new generating resources. LS Power's proposal strategically aims to deploy existing facilities in Pennsylvania and Ohio by converting two peaking plants into base-load combined cycle plants. These modifications are expected to add about 600 MW through the integration of a steam cycle at each facility, significantly enhancing generation capabilities.

Project Details and Investment

In addition to the conversions, LS Power plans capacity uprates at its existing facilities in Virginia (Doswell) and Pennsylvania (Hummel and Hunterstown), contributing an estimated 100 MW to the total capacity expansion. This ambitious plan entails an investment of over $1 billion, reflecting LS Power's proactive stance on meeting the region's reliability goals and managing demand growth efficiently.

Competitive Advantage in Project Implementation

Unlike larger greenfield developments, LS Power's proposed projects are positioned to come online more swiftly, a critical factor in the context of the urgent reliability imperative outlined by PJM. The RRI process aims to identify and select up to 50 projects based on several criteria, including the likely impact on market reliability and the feasibility of their operational timelines.

"Our proposed capacity projects are well positioned to meet the requirements of PJM's RRI and help ensure electric reliability," Hanson commented, highlighting LS Power's strategic alignment with PJM's vision for a robust energy future.

About LS Power

Established in 1990, LS Power has consistently set the pace in the North American energy landscape, focusing on development, investment, and operational excellence across power generation, transmission, and energy transition. Over the years, the company has developed or acquired an impressive 50,000 MW of generation capacity, incorporating various technologies from solar and wind to natural gas and storage solutions. LS Power Grid, its transmission arm, contributes significantly by constructing high-voltage transmission lines critical for energy security.

As the energy sector evolves, LS Power remains dedicated to advancing solutions that facilitate the transition to more sustainable and reliable energy sources, underscoring its commitment through strategic investments and innovative initiatives like the one currently proposed in response to PJM's needs.

For more insights into LS Power's initiatives and projects, interested parties are encouraged to visit www.LSPower.com.