DPL Announces Phase Four Combustion Turbine Expansion.Business Editors DAYTON, Ohio--(BUSINESS WIRE)--April 19, 2000 DPL (Digital PowerLine) An earlier technology for transmitting a 1 Mbps data signal over electric power lines from Nortel Networks. It was developed in the late 1990s, but later abandoned due to implementation difficulties. See broadband over power lines. Inc. (NYSE NYSE See: New York Stock Exchange :DPL) today announced Phase Four of its electric peaking generation expansion plan with the purchase of two additional General Electric (GE) combustion turbine turbine, rotary engine that uses a continuous stream of fluid (gas or liquid) to turn a shaft that can drive machinery. A water, or hydraulic, turbine is used to drive electric generators in hydroelectric power stations. peaking units. Each natural gas fired unit is rated at 80 megawatts (MW) for a total of 160 MW, representing an investment of more than $60 million. The units are expected to be online by the end of 2001. The first four phases of the peaking generation additions represent an investment of $270 million and will increase peaking capacity by almost 800 MW by the end of 2001. Phases One and Two, representing 475 MW, will be operating by June of this year. For the past two summers, the wholesale energy prices in the East Central Area Reliability Coordination Agreement (ECAR ECAR East Central Area Reliability Coordination Agreement ECAR European College of Animal Reproduction ECAR Economy Car ECaR Every Child a Reader (UK) ECAR European Campaign for the Freedom of the Automotive Parts and Repair Market ) region hit record high levels due to tight supplies. At the same time, energy demand in the region continues to grow with the strong economy. Last summer, DPL's peak surpassed its previous record by 4%, and a majority of the electric utilities in ECAR set new peaks as well. "By having the increased capacity and access to low-cost natural gas, DPL is well positioned to take advantage of the profitable Midwest energy markets," said Allen Hill Allen Hill (born 14 November 1843 in Huddersfield, Yorkshire; died 28 August 1910 in Leyland, Lancashire) played in the first-ever cricket Test, taking the first wicket. Hill also went on to umpire in the Test match played at Lord's in 1890. , President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of DPL Inc. "Moreover, as we are installing these near our operating area, we can bring them online, on time and on budget." DPL Inc. is a diversified energy company supplying energy services to customers in the Midwest through its subsidiaries, The Dayton Power and Light Company and DPL Energy. |
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