NRG Energy Plans 30 MW Biomass Project in Connecticut
Princeton-based power generator NRG Energy Inc. (NYSE: NRG) today announced a new component of its program to move towards cleaner fuels
It plans to equip its power plant in Montville, Conn., to use biomass as fuel for 30 megawatts of its 82-megawatt generating capacity that is currently fueled by oil and natural gas.Biomass uses plant matter, such as chipped wood, and is a renewable energy source that will help lower the facility’s net carbon footprint, NRG said. The company recently invested in green-energy programs at its Cos Cob site in Connecticut’s Fairfield County by adding 40 megawatts of capacity using ultra low-sulfur distillate as fuel, it added. With that change, the Cos Cob plant was able to increase capacity to 100 megawatts while reducing overall emissions.
NRG Energy, a Fortune 500 company, owns and operates 48 plants across North America that provide approximately 24,000 megawatts of generation capacity, enough to power nearly 20 million homes, the company said. Its share was mostly unchanged from Tuesday’s close, at $23.40 in early trading.
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