Panda Power Funds broke ground on the company’s 829 MW combined-cycle “Liberty” generating station located in Bradford County, Pa. The Liberty project is sited in the heart of the Marcellus Shale to take advantage of low natural gas prices and transportation costs. Panda expects commercial operations to begin by early 2016.
According to a third-party economic analysis, the Panda Liberty power plant will contribute an estimated $5.97 billion to the area’s economy during construction and the facility’s first 10 years of operation.
The power plant will use emissions-control technology and will be powered by Siemens H-class gas turbines.
The plant will be cooled with air rather than water. As a result, the Liberty plant will not draw water from, or discharge water into, the Susquehanna River — eliminating potential impacts to species in the Susquehanna watershed.
The Panda Liberty project has been strategically sited in the PJM Interconnection, the nation’s largest competitive wholesale electricity market, which serves 60 million people in all or parts of 13 states.
The generating station will be located in Asylum Township in Bradford County, about 140 miles northwest of Philadelphia. When completed, the generating station will be able to supply the power needs of up to 1 million homes in Pennsylvania.