AlphaGen Projects Selected by PJM For Expedited Interconnection
Upgrades to increase generating capacity in
The AlphaGen upgrade projects were selected by PJM, the wholesale market and regional grid operator, as part of PJM's Reliability Resource Initiative intended to expedite the interconnection process for shovel-ready and high-reliability projects. This incremental capacity is expected to provide incremental grid power, reliability and capacity, with enough electricity to provide power to up to 450,000 homes.
"We are pleased PJM has deemed our projects of high reliability value," said
The Bergen project consists of Advanced Gas Path upgrades for the Gas Turbines and a Steam Turbine upgrade which would improve efficiency and add additional output totaling 53 MW. The upgrades could be completed as soon as 2027.
The Linden project proposes a Steam Turbine upgrade and full flange-to-flange upgrades of the Combustion Turbines, resulting in an additional ~309MW of potential ICAP increase at the site along with efficiency improvements. The upgrades could be in place as soon as 2029 and 2030.
Together, the
The Keys and
The upgrades are being proposed at a time when state policymakers and regulators are looking to rapidly add generating capacity to reduce growing reliance on energy from other states and meet growing demand. Unlike greenfield projects, which must overcome interconnection, siting, and environmental permitting challenges that can delay or result in outright cancellation of a project, the proposed upgrades would be developed at existing generating stations and without need for significant transmission system upgrades.
"AlphaGen is doing its part to maximize the potential of our existing generating infrastructure and is uniquely positioned to deliver increased capacity for consumers," added Morgan. "We look forward to working with our local and state partners to get these upgrades done in a timely fashion and expect to evaluate additional projects provided the PJM market is constructive toward investment."
About AlphaGen
AlphaGen is a strategic partnership formed and owned by an affiliate of ArcLight Capital Partners, LLC to own and operate critical power infrastructure to provide reliable, secure, safe, and sustainable sources of power and meet the growing infrastructure needs created by the increased demand for reliable power, including electrification and data center growth. AlphaGen is led, through Alpha Generation Services, LLC, by a deeply experienced senior management team with a proven track record of strategic, operational, and commercial expertise to help create value and manage risk. AlphaGen owns over 11,000 megawatts of power infrastructure across four RTO markets (PJM, NYISO, ISONE, and CAISO). For more information, please visit www.alphagen.com.
About ArcLight
ArcLight is a leading infrastructure investor which has been investing in critical electrification infrastructure since its founding in 2001. ArcLight has owned, controlled or operated over ~65 GW of assets and 47,000 miles of electric and gas transmission and storage infrastructure representing
Media Contact for AlphaGen:
[email protected]
(908) 487-1756
Media Contacts for ArcLight:
[email protected]/[email protected]
(646) 502-3549/(646) 504-7306
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SOURCE Alpha Generation
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