On January 8,2015 Capital Power announced that it had received regulatory approval for new and the most advanced gas turbines to be used in their Genesee 4 and 5 power projects.Capital Power(CPX) also announced more detail on the nature of the agreement with joint venture partner Enmax.The capital cost of the project will be $1.4 billion with Enmax looking for a 50% interest.CPX announced that it has already executed agreements with Mitsubishi Power for the most advanced natural gas turbines (J series) with a capacity of 1060 MW of power.There will be two 530 megawatt units.The facility consists of natural gas turbines, steam turbine generators and a heat recovery steam generator.The first of two units could be completed in late 2018.
The Genesee station
The new installation will be at the existing Genesee generating station near Edmonton.The Genesee plant was originally a coal-fired generator.The new plant will make use of existing water intake/discharge structures and the existing transmission interconnections.The first unit will add 530 MW to CPX's 3071 MW of generating capacity for an increase of almost 20%.This will be an efficient and cost effective generator and will replace some of Alberta's more expensive coal-fired generating units.It may also allow CPX to sell off some of it's more expensive units for cash.Capital Power has lots of time to decide on it's replacement options.But when built it will ensure that Capital Power does not get caught in an expensive power shortage like it did this year.This equipment is more flexible than any of the other turbines to handle power fluctuations.
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