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Newington
Powerplant is topic of next CEO Forum March 11
The
UNH CEO Forum will present “The ‘New’ Newington
Power Plant and What it Means to the Future,” Thursday, March
11, 8-10 a.m., at the New England Center in Durham. John McTear,
Vice President of Asset Management at Con Edison, Inc, will discuss
the technical aspects of the plant and why it was built at this
location.
The “new” Newington Plant, a 550-megawatt, combined
cycle power plant, is more efficient than conventional plants and
is capable of operating on natural gas or ultra-clean diesel fuel.
It is a merchant plant that sells its output into the energy market
within the New England power pool.
McTear will outline the relationships among Newington Energy LLC,
its owners and Con Edison Inc. He will explain the development process,
including the market conditions at force at the time decisions were
made to proceed such as construction, costs, schedule and commissioning.
He also will discuss local spending and property taxes, and the
current market conditions and their impact on the project.
To register or become a member of the CEO Forum, call Barbara Draper
at 2-1107, or e-mail her at barbara.draper@unh.edu.
The CEO Forum is an outreach program of the Whittemore School of
Business and Economics and the Division of Continuing Education.
The CEO Forum is sponsored by the law firm of Pierce Atwood.
For more information about the CEO Forum, visit the Web at www.unh-ceoforum.org.
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