City Council votes to look at renewable-energy alternatives for Grayson plant

Stock SectorApril 11, 20181min7
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The utility is pushing a proposal to have the nearly 80-year-old natural-gas plant undergo a renovation to maintain the facility’s reliability. On the table as the preferred option, is a $500-million project that would replace seven of the facility’s eight, gas-fired, electrical-generation units and provide about 250 megawatts of electricity to meet the utility’s peak load of 350 megawatts.

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