Pennsylvania gas-fired power plant’s early completion could weigh on power prices

摘要

Commercial startup Tuesday of the 1,050-MW, natural-gas fired CPV Fairview Energy Center in Pennsylvania occurred several months ahead of schedule, which could offer downside to PJM Interconnection winter power prices and marginal upside to power burn. Competitive Power Ventures and Osaka Gas developed the $1 billion power plant in Jackson Township near Johnstown, Pennsylvania, that will serve the PJM markets.