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11/08/2012

Panda Power breaks ground on Sherman plant

Dallas-based Panda Power Funds says it broke ground this morning on a new natural gas-fired electricity plant in Sherman. It's expected to go online in late 2014. The groundbreaking comes as the Electric Reliability Council of Texas has warned that the state's largest power grid could run uncomfortably short of power to meet growing demand by then. The 758-megawatt facility is a high-efficiency design called combined cycle, which combines gas-fired turbines driving generators with boilers that use the exhaust heat from the turbine to generate steam to drive another turbine and generator. The company says emissions will be "among the lowest of any natural gas power plant in the United States" and is designed to complement the state's vast wind farms by offering a rapid start-up that can replace power lost when the wind stops blowing suddenly. Bechtel is the contractor and Siemens Energy provides the turbines, boilers and control systems.

-- Jim Fuquay

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