Briefing on Bluegrass Generating Station

Bluegrass Generating Station is a low-utilization natural gas plant with declining generation, primarily serving as a standby asset within the PJM Interconnection grid.

Overview

• Plant Name: Bluegrass Generating Station

• Location: Kentucky

• Status: Operating since 2002

• Owner/Operator: East Kentucky Power Coop, Inc.

• Grid Connections: PJM Interconnection (ISO and BA), SERC (NERC)

Fleet Details

• Capacity: 581 MW

• Technology: Natural Gas Fired Combustion Turbine

• Generators: 3 units

Generation & Performance

• Capacity Factor (Annual): 2.0%

• Annual Generation: 113 GWh

• Recent Monthly Generation: October 2024: 2 GWh, November 2024: 4 GWh, December 2024: 0 GWh

• Generation Trend: Down 59% over the past 6 months compared to the prior 6 months

Financial Profile

• Capital Expenditure (CapEx): $965/kW (Source: eia_agg_cost)

• Transaction Type: Acquisition (The Courier-Journal, 2015-12-02)

• Seller: LS Power (The Courier-Journal, 2015-12-02)

• Offtaker: East Kentucky Power Cooperative, Inc. (The Courier-Journal, 2015-12-02)

The Bluegrass Generating Station, a natural gas plant acquired by East Kentucky Power Cooperative, Inc., demonstrates very low capacity utilization and a significant downward trend in recent generation, indicating its role as a rarely dispatched asset within the PJM grid. Its financial profile includes a notable CapEx, suggesting a substantial initial investment for an asset with minimal recent output.