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Energy industries

NiSource Subsidiary to Develop Indiana's Largest Industrial Energy Project

Strategic Insights

— 1 min read

Primary Energy, Inc., a subsidiary of NiSource Inc., has partnered with BP Amoco to develop a natural gas-fired cogeneration facility at Whiting refinery in Indiana. The project, valued at approximately $250 million, will generate 525 megawatts of power and substantial steam production. The facility is expected to be operational by the second quarter of 2001 and will be the largest industrial energy project in Indiana.

Key Takeaways:

  • The partnership between Primary Energy and BP Amoco will develop a 525-megawatt natural gas-fired cogeneration facility at Whiting refinery in Indiana.
  • The project is valued at approximately $250 million and is expected to be operational by the second quarter of 2001.
  • The facility will generate substantial steam production and will be the largest industrial energy project in Indiana.
  • Primary Energy will be responsible for the operation and maintenance of the cogeneration project and related equipment.
  • The project is consistent with BP Amoco's aim to reduce greenhouse gases and is aligned with their leadership in this area.
  • The partnership will allow NiSource to expand clean power technologies without building significant new infrastructure.
  • The existing electric capacity freed up by the project will be utilized by Northern Indiana Public Service Company's (NIPSCO's) growing customer base throughout northern Indiana and by the wholesale market in the Midwest.
  • Primary Energy is the leading developer of industrial energy projects in the United States in terms of megawatt capacity and dollar value investment.
  • The partnership between Primary Energy and BP Amoco will become the sixth major project initiated by Primary Energy.

Statistics:

  • The project is valued at approximately $250 million.
  • The facility will generate 525 megawatts of power.
  • The facility will produce substantial steam production.
  • The project is expected to be operational by the second quarter of 2001.
  • The facilty will be the largest industrial energy project in Indiana.
  • Primary Energy is the leading developer of industrial energy projects in the United States in terms of megawatt capacity and dollar value investment.
  • The partnership will free up existing electric capacity for utilization by Northern Indiana Public Service Company's (NIPSCO's) growing customer base throughout northern Indiana and by the wholesale market in the Midwest.

Sources:

  • PRNewswire, "Primary Energy, Inc. and BP Amoco Sign Agreement to Develop Industrial Energy Facility"
  • BP Amoco plc, [Company Information](http://www.bpamoco.com)
  • Primary Energy, Inc., [Company Information](http://www.primaryenergy.com)
  • NiSource Inc., [Company Information](http://www.nisource.com)

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