Red Oak is an 830-megawatt combined cycle gas turbine

power plant A power station, also referred to as a power plant and sometimes generating station or generating plant, is an industrial facility for the generation of electric power. Power stations are generally connected to an electrical grid. Many pow ...

located in Sayreville, New Jersey not far from the South River opened in 2002. Energy Capital acquired it from a subsidiary of the

AES Corporation The AES Corporation is an American utility and power generation company. It owns and operates power plants, which it uses to generate and sell electricity to end users and intermediaries like utilities and industrial facilities. AES is headquart ...

in April 2012, which, in November 2013, sold it to the

Carlyle Group The Carlyle Group is a multinational private equity, alternative asset management and financial services corporation based in the United States with $376 billion of assets under management. It specializes in private equity, real assets, and pri ...

. Damage to the plant due to Hurricane Sandy in 2012 took it offline line for five months. TAQA subsidiary TAQA Gen-X owns 85% and

Morgan Stanley Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the fir ...

owns 15% of the tolling agreement for the facility through its with partner.

Natural gas Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbo ...

is provided by New Jersey Resources. It is part of the PJM Interconnection of the Eastern Interconnection grid electric transmission system. A 2013 report named It is one of the largest single sources of carbon pollution in the state. The Sayreville Energy Center operated by NextEra Energy Resources is nearby.

References

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External links

Wikimapia
Power stations in Middlesex County, New Jersey Natural gas-fired power stations in New Jersey Sayreville, New Jersey

See also

References

External links