Wednesday, June 20, 2001

Cinergy unit wins OK to build gas-fired plant




The Cincinnati Enquirer

        A Cinergy Corp. unit won approval from Ohio officials to build a peaking plant, fired by natural gas, near downtown Cincinnati.

        The Ohio Power Siting Board late Monday approved a plan by Cinergy Capital & Trading to build two gas-fired units, which will generate a total of 86 megawatts, just west of the Brent Spence Bridge near its West End substation in Queensgate.

        With electric deregulation, a growing number of electric utilities is proposing small, gas-fired generating plants to meet demand, particularly in the Midwest.

        Because the new plant's owner is a nonregulated company, none of the new Queensgate facility's costs can be passed on to Cinergy customers.

        Operations tentatively are scheduled to start in June 2002.

       



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