X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HAYWARD, CA-The California Energy Commission has licensed Hayward’s 600-megawatt Russell City Energy Center but Calpine Corp. refuses to the develop the facility unless it secures a power contract.

Governor Gray Davis announced this week that the California Energy Commission approved the licensing of the Russell City Energy Center unanimously.

“The Russell City Energy Center will help us keep power flowing in years to come as the economy grows and the demand for electricity expands,” Gov. Davis says. “This facility is necessary to improve energy reliability in the Bay Area.”

Calpine had planned to begin construction on the 600-megawatt, combined-cycle, natural gas-fired facility in the spring of 2003. Following this schedule, the power plant was expected to begin commercial operation in the summer of 2005.

The project is planned for a 14.7-acre site in Hayward at the corner of Enterprise and Whitesell streets, adjacent to the Hayward Shoreline area. Plans call for two combustion-turbine generators teamed with two heat-recovery steam generators and a condensing steam-turbine generator to produce 600 megawatts.

However, he project, which will cost an estimated $300 million to $400 million, has been put on hold indefinitely. Calpine says it will not begin building a new plant without power purchasing contracts.

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. NET LEASE 2020Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

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.