PRESS RELEASE: Old Dominion Electric Cooperative Files to Build Environmentally Balanced Energy Facility

ODECGlen Allen, Va. – Old Dominion Electric Cooperative (ODEC) this week applied to the Maryland Public Service Commission (PSC) for a Certificate of Public Convenience and Necessity (CPCN) to construct a natural gas-powered electric generation facility in Cecil County, Maryland.  The project, named Wildcat Point Generation Facility, was first announced in April.

The filing comes the same week the Cecil County Council unanimously adopted a payment-in-lieu-of-taxes agreement, or PILOT, for Wildcat Point that would yield the County $124.2 million through 2051.  The CPCN filing may be viewed at the PSC’s website at www.psc.state.md.us.

“Our region needs new sources of cost-effective, reliable and environmentally balanced electricity,” said Lisa Johnson, ODEC’s Senior Vice President and Chief Operating Officer. “This filing makes a compelling case for Wildcat Point, from ODEC’s proven track record building and owning a generation facility in Maryland to the rising demand for electricity in our region.  We are grateful for the broad support we have received from the Cecil County government and look forward to working with the PSC during their review of our application.”

Wildcat Point would be built five miles west of the Town of Rising Sun adjacent to the Rock Springs Generation Facility, which ODEC constructed and which became operational in 2003. It would generate approximately 1,000 megawatts of power, enough to serve 390,000 homes annually.

ODEC experienced more than 26 percent growth in electricity sales over the last 10 years and expects additional growth over the next decade. Wildcat Point would provide ODEC’s 11 member distribution cooperatives a new source of reliable electricity, including 52,000 members on Maryland’s Eastern Shore.  It would be powered by natural gas, a clean and domestically plentiful form of energy used to create electricity.  It would benefit non-ODEC customers by improving reliability on the region’s electric grid.  Lastly, it would create a peak force of approximately 600 temporary construction jobs and roughly 30 permanent jobs.

Further, Maryland’s power plant fleet is aging and unable to meet statewide energy needs.  Maryland imports 42% of its power, making it the fifth largest energy importer in the U.S. Two-thirds of the power generated in Maryland comes from power plants that are at least 30 years old.

About ODEC:  Headquartered in Glen Allen, Va., ODEC is a not-for-profit, member-owned wholesale power supplier to 11 member electric distribution cooperatives that provide reliable, affordable electricity to 1.2 million people in 70 counties in Maryland, Virginia and Delaware.  Learn more at www.odec.com.

 

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Cecil Whig: Study: New power plant will create $35M annual impact

ODEC VP Rick McWhorter gives reporters a tour of the future site of Wildcat Point. (Image Credit: Cheryl Mattix at The Cecil Whig)

ODEC VP Rick McWhorter gives reporters a tour of the future site of Wildcat Point. (Image Credit: Cheryl Mattix at The Cecil Whig)

Old Dominion Electric Cooperative is moving ahead next week with its plans to construct a $675 million electrical generation facility called Wildcat Point next to existing turbines, which began operation a decade ago in June, on a 119-acre site off Route 222 near the Pennsylvania line.

“Permits should take about one year to obtain,” said Rick McWhorter, vice president operations and asset management for ODEC, Thursday during a tour of the plant. “We hope to begin construction by the end of 2014 or the beginning of 2015, and open by mid-2017.”

To read the full article, click here.

Cecil Whig Editorial: A Cecil Renaissance?

cecil-whig-300x300Posted: Wednesday, April 24, 2013 4:00 am

It seems that there has been a nice spat of economic progress coming to Cecil County and the surrounding region of late.

On Tuesday, Old Dominion Electric Cooperative made a grand announcement of an expansion power plant at its Rock Springs Generation Facility in Conowingo. Many people probably will probably gloss right over such news, but that would probably be a mistake.

To read the full editorial, click here.

Cecil Whig: New Conowingo natural gas-fueled power plant announced

cecil-whig-300x300Project expected to create 600 construction jobs, 30 permanent jobs

Tuesday, April 23, 2013 1:09 pm .

By Jane Bellmyer, The Cecil Whig

Old Dominion Electric Cooperative is in the early stages of putting a new natural gas-fueled power plant next to its existing facility at Rock Springs Generation Facility in Conowingo, which will bring hundreds of jobs to the area, a plant spokeswoman said Tuesday.

To read the full article, click here.

PRESS RELEASE: Old Dominion Electric Cooperative Seeks to Build New Energy Facility in Cecil County

ODECProject would create clean, reliable power and hundreds of jobs

Glen Allen, Va. (April 23, 2013) – To meet its members’ growing need for environmentally balanced and reliable electricity, Old Dominion Electric Cooperative (ODEC) announced today it will seek approval to construct a state-of-the-art natural gas fueled electric generation facility in Cecil County, Maryland.

Named the Wildcat Point Generation Facility, the plant would be built five miles west of the Town of Rising Sun on existing property at the Rock Springs Generation Facility, which ODEC constructed and which became operational in 2003.

Wildcat Point would yield several benefits for Cecil County and the region.  It would provide ODEC’s member distribution cooperatives reliable access to affordable power at a time of growing energy needs, including more than 170,000 cooperative members on the Eastern Shore.  It would be powered by natural gas, a clean and domestically plentiful form of energy used to create electricity.  It would reduce stress on the region’s electric grid, which benefits customers throughout the region.  Lastly, it would create a peak force of approximately 600 temporary construction jobs and roughly 30 permanent jobs.  Wildcat Point is expected to become operational in 2017 and generate approximately 1,000 megawatts of power, enough to serve 390,000 homes annually.

“Even after factoring in our members’ well-established load control and energy-efficiency programs, demand for electricity in ODEC-served areas continues to grow,” said Jackson E. Reasor, Jr., president and CEO of ODEC.  “Constructing a state-of-the art, environmentally sound facility will ensure our members have access to reliable, affordable and locally produced power far in to the future.  It will also create jobs and a steady source of new revenue for Cecil County.  We are proud to have a ten year track record of safe, responsible power production in Cecil County and look forward to working with the County and the State of Maryland during their review of our proposal.”

“ODEC has been a good neighbor in Cecil County for more than a decade,” stated Cecil County Executive Tari Moore. “I’m pleased to have an opportunity to extend a partnership that provides clean energy for ODEC’s customers, and a significant number of jobs for our community.”

ODEC is a not-for-profit provider of wholesale power to 11 member distribution cooperatives in Maryland, Virginia and Delaware that serve approximately 1.2 million people.  Over the past ten years ODEC has experienced growth in electricity sales of over 26% and additional growth is projected over the next decade.  This increasing need has been supplied through a combination of ODEC’s owned generation facilities and purchased power, with a growing reliance on market purchases.   Wildcat Point would enable ODEC to meet this rising demand and replace electricity bought on the market with a cost-effective source of locally produced electricity.

Further, Maryland’s power plant fleet is aging and unable to meet statewide energy needs.  Maryland imports 42% of its power, making it the fifth largest energy importer in the U.S. Two-thirds of the power generated in Maryland comes from power plants that are at least 30 years old.  A 2011 report for the State of Maryland projected that the state could need new generation capacity as early as 2015.

In response to these challenges, ODEC issued a Request for Proposals in 2012 for long-term power supply options.  After evaluating approximately 80 proposals, ODEC’s board of directors determined that expanding at the Rock Springs location is the most reliable and competitively priced option.

ODEC member Choptank Electric Cooperative serves more than 52,000 members on Maryland’s Eastern Shore, including nearly 3,000 in Cecil County.  These consumers and the broader region will directly benefit from ODEC’s ability to produce reliable electricity from a highly efficient facility such as Wildcat Point.

“We want our growing member base to have the most reliable and cost-effective electricity possible, and the Wildcat Point facility is essential to reaching that goal,” said Olin S. Davis, III, board chairman of Choptank Electric Cooperative.  “ODEC’s proposal is advantageous to our members because it enables us to shift from electricity bought on the market to electricity produced locally by our wholesale power provider. This is a win for our members.”

ODEC is currently working with the Cecil County government on the proposed project and will apply for a Certificate of Public Convenience and Necessity from the Maryland Public Service Commission this May.  The current facility, Rock Springs Generation Facility, is co-owned and operated by Essential Power, LLC.

About ODEC:  Headquartered in Glen Allen, Va., ODEC is the wholesale power supplier to 11 locally owned and controlled, not-for-profit electric distribution cooperatives that provide reliable, affordable electricity to 1.2 million people in 70 counties in Maryland, Virginia and Delaware.  Learn more at www.odec.com.

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About ODEC

ODEC-vert_lockup2-SM_3CODEC is an electric generation and transmission (G&T) cooperative. We are a regional, member-owned power supplier formed in 1948 to provide power to a consortium of electric distribution cooperatives.

Our core business is generating, purchasing and delivering electricity to wholesale customers, primarily our member systems.

ODEC is a not-for-profit member-owned cooperative and has no capital stock. We follow the 7 principles of cooperatives. Qualifications for membership and the rights and obligations of our members are defined by law and established in the corporate bylaws.

ODEC’s power is provided by a combination of owned baseload and peaking power plants that use coal, natural gas and nuclear as their primary fuels, and a purchased power portfolio which includes renewable resource technologies.

At ODEC, we are dedicated to being both reliable energy providers and responsible environmental stewards.  We work hard every day to support our community while reducing our environmental footprint.  This commitment is detailed in ODEC’s Sustainability Report.

In 2012, our 11 members served over 550,000 retail electric consumers (meters), representing approximately 1.2 million member-owners along 59,000 miles of line.  The service territories of our members cover large portions of Virginia, Maryland and Delaware ranging from the extended suburbs of Washington, DC to the Atlantic shores of these three beautiful states to the Appalachian Mountains and the North Carolina border.

Our corporate headquarters are located in Glen Allen, Virginia.

About Wildcat Point

To provide clean, reliable power at the lowest possible cost, ODEC is seeking to build Wildcat Point, a natural gas power plant in Cecil County, Maryland adjacent to its existing plant on Rock Springs Road.

Wildcat Point would be one of the cleanest natural gas facilities of its size in Maryland and will generate approximately 1,000 megawatts, enough to power 390,000 homes in the region annually. The project is named for a popular cliff along the Susquehanna River 3.5 miles west of the proposed facility.

Wildcat Point Generation Facility Artist Rendering

Existing Rock Springs Generation Facility

Wildcat Point would be located on the southbound side of Rt. 222 (Rock Springs Road) approximately 5.5 miles from the Town of Rising Sun, Md and 19 miles from Elkton, Md.

Wildcat Point Aerial View

Wildcat Point would be adjacent to the Rock Springs Generation Facility, which produces 672 megawatts of electricity for ODEC members every year. ODEC has been proud to safely and responsibly produce electricity in Cecil County since 2003.

Project Status:

Wildcat Point is subject to regulatory approval by the State of Maryland.  ODEC filed for a Certificate of Public Convenience & Necessity (CPCN) from the Maryland Public Service Commission on May 20, 2013. A CPCN is essentially a package of permits authorizing construction.  The regulatory review process is expected to continue until 2014.  To receive updates on the regulatory process as well as ODEC’s community relations efforts, please sign up for our electronic newsletter.

News

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