Pictured: the 300-MW Rockford 1 plant by Indeck near Rockford, Illinois.
By Editors of Power Engineering
The proposed plant would open by 2020, according to the South Bend Tribune.
"Current market conditions are ideal for this type of investment and Indeck Energy believes that the timing is right to move this project forward," said Michael DuBois, Indeck vice president. "There is a growing need for energy in Michigan created by the decommissioning of dirtier and less-efficient coal-fired plants in the region. These conditions, as well as access to existing natural gas transmission lines and a distribution network throughout the Midwest make this location and time ideal for development of the Indeck Niles Energy Center."
Indeck originally proposed construction of a power plant in the city’s industrial park 15 years ago, but abandoned those plans when rising natural gas prices made the project financially unfeasible.
In 2007, Indeck proposed plans for an ethanol plant, but abandoned those due to the rising price of corn.
Indeck purchased land for the proposed plants a decade ago for $2.4 million.