El Paso Electric Announces Commercial Operation of Montana Power Station Units 1 and 2
March 20 2015 - 7:29PM
Business Wire
El Paso Electric (EPE) welcomes the completion and commercial
operation of the first two generating units at the Montana Power
Station (MPS) located in east El Paso, Texas. The two
state-of-the-art 88-megawatt (MW) simple-cycle aero-derivative
combustion turbines are powered by natural gas, the cleanest fossil
fuel available. The efficient aero-derivative technology provides
quick start capabilities, allowing the units to go from offline to
full output in less than 10 minutes, thus increasing overall power
grid stability. These two units will generate enough energy to
power more than 80,000 homes.
“For more than 100 years, EPE has been dedicated to the
long-term success and well-being of our region,” said Tom Shockley,
El Paso Electric CEO. “Several years ago, we began planning and
investing to replace our less efficient plant and equipment while
providing additional resources for our growing service territory.
The completion of our major construction projects, including our
clean burning natural gas units and utility-scale solar generation,
will efficiently provide the power necessary to meet the growing
needs of our region.”
Construction of the second phase of the project includes Units 3
and 4, which is anticipated to begin later this year. When
completed in 2016, these four state-of-the-art 88-MW turbines are
capable of generating enough energy to provide electricity to more
than 160,000 homes and add 352 MW of efficient, reliable and clean
burning natural gas power.
EPE has placed in service approximately $1.3 billion in new
assets over the last 6 years, including MPS Units 1 and 2 and the
recently completed Eastside Operations Center.
“The vibrant, growing communities we serve in west Texas and
southern New Mexico require reliable generation 24 hours a day,”
said Mary Kipp, El Paso Electric President. “Our vision for
providing reliable, safe, clean and affordable energy is through
the addition of natural gas-fired generation and cost competitive
renewables. This carefully designed mix of solar and local clean
burning natural gas generation will provide the energy hardworking
families and businesses in our service territory need 24 hours a
day, seven days a week.”
El Paso Electric (NYSE:EE) is a regional electric utility
providing generation, transmission and distribution service to
approximately 400,000 retail and wholesale customers in a 10,000
square mile area of the Rio Grande valley in west Texas and
southern New Mexico. El Paso Electric has a net dependable
generating capability of 2,010 MW.
About MPS
Construction on Units 1 and 2 began in June 2014 after EPE
obtained the necessary regulatory approvals from the Public Utility
Commission of Texas, the New Mexico Public Regulation Commission,
the Texas Commission on Environmental Quality and US Environmental
Protection Agency.
El Paso ElectricMedia Contact:Eddie Gutierrez,
915-497-3495Vice President of External and Public
Affairseddie.gutierrez@epelectric.comorInvestor
Relations:Lisa Budtke, 915-543-5947Assistant
Treasurerlisa.budtke@epelectric.com
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