How will PRS impact the local economy?
- Currently, there are plans to hire approximately 41 teammates total to staff and run the new facility.
Why did NPPD choose these specific types of generation for PRS?
- When adding any generation resources, NPPD carefully compares cost, risk, environmental attributes, operating flexibility, accredited capacity, and how the resources will complement our existing generation mix. As these factors were considered, CTs and RICE became the best options to add generation without sacrificing the reliability, resiliency, and affordability our customers have come to expect.
Will NPPD retire any generation facilities given the construction of Princeton Road Station?
- NPPD does not have any plans to retire any of our generation facilities. Princeton Road Station will complement our existing fleet and strengthen our ability to provide low-cost, reliable electricity to Nebraskans now and in the future.
What is a RICE engine?
- A Reciprocating Internal Combustion Engine converts heat energy by utilizing pistons that move back and forth in a cylinder. These engines have quick-start up capabilities, can run on a variety of fuel types and are economically efficient. They excel at responding to the grid’s need for flexible, quick power and can be used as both baseload and peaking power generation units.
What is a CT?
- A Combustion Turbine is an internal combustion engine. CTs operate by drawing air in and compressing it; then the compressed air is heated to high temperatures creating gas; and the hot expanding gas flows through the turbines to rotate the blades and create energy. CTs are known for their high-power capacity and efficiency and are flexible depending on the amount of generation needed.
What road(s) will construction crews utilize?
- During construction, contractors will utilize SW 42nd to access the site. Once the facility has been constructed, SW 42nd street will still be used by employees to enter PRS.
How will PRS impact the local economy?
- Currently, there are plans to hire approximately 32 teammates to staff and run the new facility.
How will the construction of new generation impact rates?
- We will fund Princeton Road Station through long-term bonds, with repayment costs included in electric rates over time to minimize impact. The new generation supports growing energy demand, and added load will help offset costs through increased revenue.
- NPPD aims to keep rates low. We currently rank in the best 6.5% nationally for retail rates and 10.8% for wholesale rates, based on benchmarking from the U.S. Energy Information Administration and Cooperative Finance Corporation, respectively.
