X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PITTSBURG, CA-Gov. Gray Davis this week christened Pittsburg’s newest power plant, the 880-megawatt Calpine Corp.-operated Delta Energy Center.

The plant is located next to the Los Medanos Energy Facility, a 550-megawatt plant that began operating last July, when speculation about California’s energy shortage led to a state-wide rush to license and build new facilities in order to make the state self-sufficient.

The Delta Energy Center is the 13th power plant to come online during the Davis’ administration and the largest plant to open in the Bay Area. The plant is located on an undeveloped 20-acre parcel near the Dow Chemical Company facility, and cost nearly $400 million to build.

The plant will be cooled by wastewater from a nearby treatment plant. Davis noted that the plant, which runs on natural gas, will produce clean energy, mitigating the state’s power needs with its environmental safety.

“There are those in Washington who think we need to roll back the Clean Air Act to allow major power plants to grow and expand,” Davis adds. “Here in California, we have proven time and time again that you can build new plants without relaxing clean air standards. This plant is a perfect example.”

Davis plans to sign a bill by Assemblywoman Carole Migden, which gives property tax revenue from large power plants back to the municipalities that sited them. Pittsburg Mayor Frank Aiello says the city would be able to receive more than $7 million in property taxes a year.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.