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Project Overview 
1. Why International Power is building Coleto Creek 2
2. The Project Highlights
3. The Project Benefits
1. Meeting Future Energy
Demand
South Texas is one of the fastest growing regions in the nation, and escalating energy demand is accompanying "the region's rapid growth." The Electric Reliability Council of Texas, which operates the state's power grid, projects that Texas must double the amount of energy generation by 2026 in order to meet demand. Meeting rising energy needs while maintaining affordable electricity rates requires that Texas rely on a diversified portfolio to produce power. Coal provides much-needed fuel source diversity and is a crucial component of Texas' fuel portfolio.
Meeting Energy Needs in Texas
Coleto Creek Unit 2
International Power and the South
Texas Electric Cooperative (STEC) have partnered to meet energy
needs in Texas. International Power is the operator of
the proposed Coleto Creek Unit 2 and STEC has partnered with
International Power as an investor and will own 49% of Coleto Creek Unit
2.
Both
organizations have served the Texas communities for decades and
maintain a proud history
in the region. International Power currently provides the Texas
economy with 3,595 MW of safe, reliable, efficient power from four
power generation
sites in the state. STEC currently has a service area of 65
counties, covering one-fifth of Texas, and supplies the region
with more
than 700 MW of electricity through 1,800 miles of transmission
lines.
To help meet the increasing demand for power,
International Power Coleto Creek LLC, as operator for the International Power/STEC
partnership, is seeking
a permit from the Texas Commission on Environmental Quality
(TCEQ) for the construction and operation of a 650 MW, supercritical, pulverized
coal-fueled electric generating unit (Unit 2). This second
unit
will be located at the existing site of a similar 632 MW facility International
Power operates at Fannin in Goliad County, Texas (Unit 1).
Finding solutions that balance the need for reasonably
priced energy and reduced emissions is a priority. Coleto Creek Unit 2 will
be designed and constructed with carbon capture capabilities. Currently, the
technology
is not commercially available, but the Unit 2 design will allow the facility
to employ the technology when it is available. In the interim, we will employ
the latest state-of-the-art pollution control technology.
2. Project Highlights
Will be constructed on an area of the 8,000 acre site located in Goliad
County, Texas.
Will share certain
common facilities with "Unit 1" the existing 632MW facility.
Will be constructed carbon-capture ready so that it can be retrofitted with the technology when it becomes available.
Is designed to burn primarily low-sulfur Powder River Basin (PRB) coal.
Will
produce 650,000 KW each hour of low-cost energy with the latest
state-of-the-art pollution control.
Will
employ supercritical technology in its combustion process to increase
efficiency and reduce CO2 emissions.
Will
utilize the experience of the long-term team of operators from
Unit 1 at Coleto Creek Unit 2.
3. Project Benefits
Further the goal of fuel diversity in the Texas electric market.
Incorporates high-efficiency, supercritical technology designed to reduce
CO2 emissions.
Uses primarily low-sulfur Powder River Basin (PRB) coal.
Uses environmentally advanced, state-of-the-art pollution control.
Provides more than 1,000 high paying construction jobs over a multi-year
period.
72 new permanent direct and indirect jobs with salaries totaling $30 million
over the first 10 years of plant operation.
Delivers positive economic impacts
to the local economy, including substantial tax and retail benefits.
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