Red_Oak_Power

Red Oak Power

Red Oak Power

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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]

Quick Facts Country, Location ...

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

References

  1. [1]
    "I Recommend WPX Hosting".
  2. [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. [3]
    "Red Oak, LLC" (Press release). Energy Capital Partners. Retrieved 2015-03-25.
  4. [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. [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. [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. [7]
    "North America". TAQA. Retrieved 2015-03-25.
  8. [8]
    http://www.state.nj.us/bpu/pdf/boardorders/2014/20141022/10-22-14-2C.pdf [bare URL PDF]
  9. [9]
    Johnson, Tom (September 3, 2013). "STATE AGENCY VOTES TO LET POWER COMPANY SWITCH UTILITIES". NJ Spotlight. Retrieved 2015-03-25.
  10. [10]
    "NJNG Receives Final BPU Approval to Add Largest Customer".
  11. [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. [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. [13]
    "Sayreville Energy Center" (PDF). NextEra Energy. Retrieved 2015-03-25.
  14. [14]
    "Sayreville Energy Center". American Power Ventures. Retrieved 2015-03-25.
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