The Shaw Group Inc. has met provisional performance guarantees to achieve commercial operation, and Cleco has accepted control of the unit. Shaw will remain on site to address miscellaneous items as well as to continue optimizing unit operation to ultimately meet performance guarantees.
Commercial operation of the $1 billion project located near Boyce activates Cleco's new rate plan approved by the Louisiana Public Service Commission in October 2009. The new plan allows for recovery of the unit's costs and is the company's first full rate restructuring in over 20 years.
The 600-MW generating unit will use circulating fluidized-bed technology that can accommodate multiple solid fuels to generate power. Initially petroleum coke, an oil refining byproduct, will fuel the unit; however, the plant's technology also allows for the use of renewable products like biomass as fuel. Cleco is currently researching woody biomass as a potential fuel since the new facility is located in a timber-rich area.