Combined Cycle Configuration Driving Turbine Markets, Reports Frost & Sullivan

According to new strategic research from Frost & Sullivan, “North American Gas and Steam Turbine Markets,” the industry experienced unprecedented growth of nearly 339 percent in 1999, generating revenues of $8.22 billion. Strong sales are predicted through 2006.

POUGHKEEPSIE, N.Y.-Central Hudson Gas & Electric Corp., Consolidated Edison Co. of New York Inc. and Niagara Mohawk Power Corp. have agreed to sell the Danskammer and Roseton electric generating plants to Dynegy Inc. for $903 million. The plants are located in the Town of Newburgh, Orange County, in the State of New York, and have a combined capacity of 1700 MW.

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