City officials say it could be online by September and generate electricity for 49,000 homes. The city could sell half that power to stave off rolling blackouts and reduce wholesale prices, according to San Diego-based CalPeak Power officials.
CalPeak has proposed four peak use plants in the county, including the natural gas-fired combustion turbine generator in this East County city. Others are slated for Otay Mesa, Mission Valley and Escondido.
Peak-use power plants generate electricity at times of high demand. During the current energy shortage, peak-use plants would run continuously, however.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
