Hunton Energy, a power producer headquartered in Houston, Texas, is investing $2.4 billion to build a power generation plant that will provide clean energy at lower costs to local area schools, hospitals and Fort Bend County, Texas, government entities.
The Lockwood, Texas, plant will use integrated gasification combined cycle (IGCC) technology to produce electricity from coal or petroleum residues such as petroleum coke (pet coke). The plant will eventually generate generate 1200 MW of power with very low negative emissions.
According to Rocky Sembritzky, Hunton Energy's president, Hunton Energy is the first power producer to bring IGCC to Texas, providing clean, low-cost electricity using a refinery byproduct and offering long-term fixed prices for electricity.
The plant will be constructed in two phases with the first phase planned for groundbreaking in the first quarter of 2008.
While under construction, the Lockwood plant is expected to create over 1,200 new jobs and 150 permanent jobs when completed.