Jefferson Power Station
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Entergy Arkansas plans $1.6bn investment to build Jefferson Power Station
Yahoo Financeยท 2025-11-10 11:30
Core Viewpoint - Entergy Arkansas plans to invest $1.6 billion in the construction of the Jefferson Power Station, a 754MW natural gas power plant, to meet increasing electricity demand and maintain competitive customer rates in Arkansas [1][5]. Investment and Economic Impact - The construction is projected to generate an estimated total economic impact of $2.9 billion and support over 3,600 jobs during development [2]. - The project is expected to contribute $128 million in local, county, and sales taxes, which will be allocated to schools, transportation infrastructure, and other public services [2]. Operational Capacity and Technology - The Jefferson Power Station will utilize combined cycle combustion turbine technology, capable of powering over 355,000 homes and providing reliable generation capacity during high usage or extreme weather [3]. - The facility is designed to be approximately 40% more efficient than older generation units, which is anticipated to lower fuel and operating costs for customers [4]. Strategic Importance - Company officials emphasize that the facility represents a cornerstone investment in Arkansas's energy future, enhancing reliability and keeping costs low for customers [5]. - The investment is seen as a proactive measure to prepare for Arkansas's economic future, providing confidence to new businesses and industries regarding reliable and affordable power [6]. Future Plans and Diversification - Additional plans at the White Bluff location include potential conversion of existing coal units to natural gas for peaking power needs and integration with solar and battery storage projects [7]. - These measures aim to diversify energy resources and provide stability against natural gas price volatility [7].