Originally posted on CBS Detroit:
THETFORD TWP. (AP) - Consumers Energy plans to invest about $750 million to build a 700 megawatt natural gas-fired power plant in Genesee County, the utility announced Friday.
The project in Thetford Township is expected to create 600 construction jobs and about 30 operating jobs, the subsidiary of Jackson-based CMS Energy Corp. said. Development of a new natural gas power plant is consistent with Consumers Energy’s plan to meet the needs of its customers over the next 20 years, said John Russell, the utility’s president and chief executive.
At 700 megawatts, the plant would be able to serve a community of about 445,000 people.
“This proposed plant will use state-of-the-art technology to help meet the future needs of our 1.8 million electric customers in an environmentally responsible manner,” Russell said. “Vast new supplies of natural gas have reduced prices and they are expected to stay low for the long term.
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