FPL Energy, LLC., today announced its plans to work with two gas pipeline companies -- TXU and Kinder Morgan -- to bring clean natural gas to Kaufman County to fuel its state-of-the-art, gas-fired plant, which is expected to become operational mid-2003.
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Both gas pipeline companies will construct pipelines connecting to existing facilities.
Kinder Morgan North Texas Pipeline (KMNTP) LLC, a subsidiary of Kinder Morgan Energy Partners , will construct a pipeline from an interconnect in Lamar County to FPL Energy's existing 1,000-megawatt power plant in Paris and its 1,789-megawatt plant in Forney, currently under construction. The Houston-based company will construct an 85-mile, 30-inch pipeline from Lamar County to Kaufman County.
KMNTP will finalize the new pipeline's route in a manner that will minimize environmental and public impact and, wherever possible, follow existing linear facilities such as power lines, highways and railroads. KMNTP expects to begin construction next summer in order to meet the start-up of the Forney plant mid-2003.
TXU Lone Star Pipeline will construct a two-mile, 24-inch diameter pipeline from its existing gas transmission system in eastern Dallas County to the Forney plant. TXU will replace a smaller, existing pipeline in an existing pipeline right-of-way to minimize impact to the environment and expedite completion of the replacement pipeline. It expects to begin construction during Spring 2002.
"FPL Energy is pleased to work with TXU and Kinder Morgan, two of the largest energy companies in the nation, to bring this clean fuel to our plant in Forney," said Mike McBurney, fuels director for FPL Energy. "Both have outstanding records of performance and are well experienced in siting, building and safely operating these facilities."
Stephen Goff, FPL Energy project development director, said, "Contracting with two gas transporters provides our company much flexibility and helps ensure FPL Energy can provide competitively priced power for the people of North Texas."
FPL Energy is a leading independent producer of clean energy, including natural gas, wind, solar and hydroelectric. It owns and operates power plants with more than 4,400 total net megawatts in 12 states across the country. New projects the company has announced, most of which are already under construction, will add nearly 6,000 megawatts of capacity to its portfolio by the end of 2003.
FPL Group , with annual revenues of more than $7 billion, is one of the nation's largest providers of electricity-related services. FPL Group's principal subsidiary is Florida Power & Light Company, one of the nation's largest electric utilities, serving more than seven million people in Florida. Additional information is available on the Internet at www.fplenergy.com, www.fplgroup.com and www.fpl.com.
Kinder Morgan Energy Partners, L.P. is the nation's largest pipeline master limited partnership with enterprise value of approximately $8 billion. It owns and operates one of the largest product pipeline and terminal systems in the country. In addition, it is: a major transporter of natural gas, operating more than 10,000 miles of pipeline; the nation's leading provider of CO2 for use in enhanced oil recovery projects; and one of the largest operators of bulk terminals, with 31 facilities that transload more than 50 million tons of coal, petroleum coke and other products annually.
Kinder Morgan, Inc. is one of the largest midstream energy companies in America, operating more than 30,000 miles of natural gas and product pipelines. It also has significant retail distribution, electric generation and terminal assets. Kinder Morgan, Inc., through its general partner interest, operates Kinder Morgan Energy Partners, L.P. Combined, the two companies have an enterprise value of more than $17 billion.
TXU Lone Star Pipeline is a principal subsidiary of TXU. TXU is a multinational leader in electric and natural gas services, merchant trading, energy marketing, telecommunications and other energy-related services. TXU is one of the largest energy services companies in the world with more than $27 billion in revenue and $43 billion in assets. TXU delivers or sells energy to 11 million customers primarily in the US, Europe and Australia. Visit www.txu.com for more information on TXU.
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SOURCE: FPL Energy, LLC