New power plants boost US capacity by more than 34,000 MW this year, report shows

NEW YORK, Oct. 3, 2001 – More than 34,000 MW of new electricity generation has been added in 2001, a 4.4 pct increase in US capacity, a new report shows.

The 8,344 MW that came online in the first nine months of this year in Texas (ERCOT) is by far the most new capacity added in any region of the US. More than 5,000 MW were installed in both the West and the Southeast this year, according to Energy Argus estimates published today.

Almost all the new plants are fueled by natural gas, and this year will likely be the largest ever development of gas-fired generation in the US.

The estimate is based on information published by Energy Argus in its monthly New Power Plant Projects, a database of plants under development in North America.

Energy Argus Inc. is dedicated to creating a knowledge and analysis resource for the power industry in the US and Europe. News and data are available online, at www.energyargus.com.

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