The 78-year-old Detroit Refinery, owned by Findlay, Ohio-based Marathon Petroleum Co. LLC, currently processes 102,00 barrels per day of crude oil “into products such as gasoline, kerosene, asphalt and diesel fuel,” says Marathon spokesperson Christiane Fox.
Energy companies and builders are laying a foundation for the next round of nuclear powerplants in the U.S., making serious commitments of almost $500 million in recent months.
Construction of new powerplants and transmission lines is most likely to occur in markets where utilities can count on recouping the cost of their investments. Electric utility and construction executives also point to consistent government regulation as key to construction of energy projects. “Capital tends to be there” for investments that are made in markets where there are stable rules, said David Campbell, CEO of Dallas-based Luminant, the power-producing arm of the former TXU Corp., last month at the National Association of Regulatory Utility Commissioners annual meeting in New Orleans. “Certainty would be nice, but consistency allows us to come
The first of nine potential geothermal powerplants being developed by Reno, Nev.-based Gradient Resources will be built by McLean, Va.-based Science Applications International Corp.’s design-build subsidiary, Benham Constructors LLC123. Construction of the 60-MW powerplant at Gradient’s Patua site, near Fernley, Nev., will begin the second quarter of this year, with commercial operation expected in the third quarter of 2017. No contract value was given to the engineering, procurement and construction contract for the estimated $270-million project. The Sacramento Municipal Utility District already has contracted for a portion of the plant’s production. SAIC will use TAS Energy technology for the project.
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