PSEG Power Suspends Plans for Power Plant in White River Indiana

Apr 10, 2001, 01:00 ET from PSEG Power LLC

    NEWARK, N.J., April 10 /PRNewswire/ -- PSEG Power announced today that
 following the completion of an environmental analysis of the impact of a
 proposed plant in White River Township, the company had decided not to go
 forward with a combined cycle gas plant at that location.
     "To make economic sense the plant needs to be able to run, even at a time
 of reduced water flows," said Lathrop Craig, manager project development, PSEG
 Power.  "While we believe that the flows would allow us to obtain a permit to
 construct a combined cycle facility, the flow rates of the White Water River
 do not give sufficient margin of comfort for PSEG, especially in light of
 other possible plants proposed on the river."
      PSEG Power continues to develop several sites in Ohio, Indiana and
 Illinois and is actively evaluating several additional sites in the Mid-west.
     "We are very grateful for the assistance and strong support from many
 people in the township and surrounding communities for this project.  We
 appreciate this community's time and effort in addressing the many complicated
 and important issues that must be analyzed by any community hosting a power
 plant development.  PSEG wishes them well as we move on in our quest to find
 good locations for building power plants to meet the growing energy needs of
 the region," added Craig.
 
 

SOURCE PSEG Power LLC
    NEWARK, N.J., April 10 /PRNewswire/ -- PSEG Power announced today that
 following the completion of an environmental analysis of the impact of a
 proposed plant in White River Township, the company had decided not to go
 forward with a combined cycle gas plant at that location.
     "To make economic sense the plant needs to be able to run, even at a time
 of reduced water flows," said Lathrop Craig, manager project development, PSEG
 Power.  "While we believe that the flows would allow us to obtain a permit to
 construct a combined cycle facility, the flow rates of the White Water River
 do not give sufficient margin of comfort for PSEG, especially in light of
 other possible plants proposed on the river."
      PSEG Power continues to develop several sites in Ohio, Indiana and
 Illinois and is actively evaluating several additional sites in the Mid-west.
     "We are very grateful for the assistance and strong support from many
 people in the township and surrounding communities for this project.  We
 appreciate this community's time and effort in addressing the many complicated
 and important issues that must be analyzed by any community hosting a power
 plant development.  PSEG wishes them well as we move on in our quest to find
 good locations for building power plants to meet the growing energy needs of
 the region," added Craig.
 
 SOURCE  PSEG Power LLC