A mammoth new power plant is on tap despite a power glut
So what happens when natural gas pricing decline into 1980 prices?
Well, of course you propose to use more….and nothing uses more natural gas than a BIG natural gas power plant.
A company is proposing to construct an 1,100-megawatt plant fueled by natural gas in Grundy County, about 50 miles southwest of Chicago, near Exelon’s existing Dresden nuclear plant. Enough for over 600,000 homes.
Natural gas power; in Illinois which has been dominated by coal and nuclear power plants. Coal plants require reinvestment to reduce emissions, the decision will either make an opening for such a new power plant or make a new competitor.
The proposed natural gas plant would compete in the wholesale market, where utilities and energy marketers buy power. More competition, will reduce the price of electricity and cleaner power is better for us all.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM and Index, Fixed pricing.
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