CEO Forum Presentation Looks
at the "New" Newington Power Plant
Contact: Barbara Draper
February 25, 2004
DURHAM, N.H. - The University of New Hampshire 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 for this presentation or to become a member of the
CEO Forum, call Barbara Draper at (603) 862-1107, or e-mail her
Initiated in 1997, The CEO Forum is an outreach program of the
UNH Whittemore School of Business and Economics and the Division
of Continuing Education serving CEOs, presidents, and senior managers
of companies in northern New England. The forum provides its members
with opportunities to meet and exchange ideas with their peers in
business and industry in an informal setting. 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.