Alliant plans natural gas-fired plant in Iowa

Alliant Energy (NYSE: LNT) said it plans to build a 600 MW natural gas-fired power plant in Marshalltown, Iowa.

If approved by regulators, construction of the $700 million combined cycle plant would begin by the end of 2014 and commercial production would begin in the second quarter of 2017, Alliant said in a press release.

In addition, the utility announced plans to upgrade coal-fired power plants in Ottumwa and Lansing. The company also said it plans to extend its contract to purchase 431 MW of nuclear power from the Duane Arnold Energy Center from 2014 to 2025.

"Our energy resources strategy is a blueprint for how our company plans to provide future generations of customers in Iowa and Minnesota with safe and reliable energy," said Tom Aller, president of Interstate Power & Light, a subsidiary of Alliant. "Our plan calls for investing more than one billion dollars in IPL electric generation over the next five years. These investments will provide flexibility for the next decade and beyond to meet current and anticipated generating needs."

Read more new gas-fired projects news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...