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This report details the initial findings of our Under Construction Monitoring Tool. This tool offers significant value by enhancing the accuracy of gas, power, and coal market analyses through improved data on upcoming generation capacity.
Filtering: We filtered for plants greater than 200 MW and excluded battery storage due to their typically smaller size.
Confirmed Construction: The majority of plants identified by the EIA as "Under Construction" exhibited clear visual signs of progress.
Potential Deferrals: We identified 11 plants listed as "Under Construction" with no visible evidence of progress. These plants, totaling 5 GW, may require deferral within your generation stack. Details for these plants are provided below:
Alle-Catt Wind Energy LLC, Onshore Wind Turbine, Planned Operation: 5/2025
Planned MW Capacity: 340 Image Date: 5/23/2024
Source: https://www.oleantimesherald.com/news/alle-catt-wins-cattaraugus-countys-challenge-over-road-use-agreement/article_e3737532-ebbb-11ee-b451-7ff055624240.html (Potential Delays)
2. Atrisco Energy Storage, Solar, Planned Operation: 8/2024
Planned MW Capacity: 300 Image Date: 5/26/2024
Source: https://enlightenergy.co.il/news-api/enlight-renewable-energy-reports-first-quarter-2024-financial-results/ (States construction is going according to schedule, but will be online by the end of 2024)
3. Blackford Wind, Onshore Wind Turbine, Planned Operation: 12/2025
Planned MW Capacity: 200 Image Date: 6/1/2024
Source: https://blackfordwind.com/ (Listed on website as not under construction)
4. Chokecherry and Sierra Madre Wind, Onshore Wind Turbine, Planned Operation:
12/2027 Planned MW Capacity: 1,500 Image Date: 5/28/2024
Source: https://cowboystatedaily.com/2024/02/26/wyoming-to-see-billions-of-dollars-in-wind-projects-built-in-next-few-years/ (Potential project delays – in fact the EIA in the recent update has pushed it out one more year to 2028)
5. Cradle Solar, Solar, Planned Operation: 12/2025
Planned MW Capacity: 225 Image Date: 5/19/2024
Source: https://www.pv-magazine.com/2024/04/08/microsoft-signs-two-large-solar-power-purchase-agreements/ (Project supposed to begin Q2 2024)
6. Double Back Diamond, Solar, Planned Operation: 1/2025
Planned MW Capacity: 593 Image Date: 5/28/2024
Source: https://www.nsenergybusiness.com/projects/double-black-diamond-solar-project/?cf-view
https://pv-magazine-usa.com/2023/08/09/one-of-the-largest-u-s-solar-projects-secures-779-million-financing/ (Found sources that stated it began construction in 2023, articles mention a late 2024 start, EIA spreadsheet says 1/2025 and they updated the construction to >50% - unfortunately the images are not showing construction. Perhaps the GPS coordinates supplied are wrong – we will have to further look into this one)
7. Elliot Solar LLC, Solar, Planned Operation: 9/2025
Planned MW Capacity: 200 Image Date: 5/8/2024
Source: https://solarbuildermag.com/news/nipsco-and-capital-dynamics-sign-200-mw-solar-energy-bta/ (Lists construction beginning Summer 2022)
8. Fagus Solar Park, Solar, Planned Operation: 3/2025
Planned MW Capacity: 517 Image Date: 5/20/2024
Source: https://web.energyacuity.com/REProject.aspx?id=58849 (No news but says unders construction)
9. Greasewood II LLC, Solar, Planned Operation: 8/2024
Planned MW Capacity: 306 Image Date: 5/26/2024
Source:https://web.archive.org/web/20240206145540/https://onpeakpower.com/projects/ (listed as under construction)
https://www.mortenson.com/careers/search/2024/04/29/15/26/13951 (recruiting for construction)
10. Magnolia Power, Natural Gas, Planned Operation: 5/2025
Planned MW Capacity: 723 Image Date: 5/25/2024
Source: https://www.newswire.com/news/rigid-constructors-begins-work-on-additional-phases-for-magnolia-power-21968174 (Given photos from the article it could be that the land cleared near the top left of the image could be the new construction, visible in both Google and Planet)
11. Mammoth South Solar Project, Solar, Planned Operation: 12/2025
Planned MW Capacity: 300 Image Date: 5/30/2024
Source: https://newprojectmedia.com/news/dorals-cfo-discusses-significant-project-financing-and-start-of-construction-activity-in-2024 (No delays but lists that Mammoth South and Mammoth Central I are being constructed at the same time)
We identified 17 plants totaling 7.9 GW exhibiting visible construction progress despite lacking an "Under Construction" designation in the EIA data. Three of these are natural gas generators with a combined capacity of 2 GW.
User Interface Development: The user interface (UI) for this tool is under development.
Complete Plant List Access: Interested clients can request a comprehensive spreadsheet with plant information and status notes by contacting dbellman@synmax.com.
Client Submissions: We welcome submissions of sites for monitoring, including large greenfield projects beyond power plants (e.g., LNG terminals, data centers). Please provide GPS coordinates and project descriptions.
Continued Monitoring: We will continue weekly monitoring of sites not initially identified as under construction until confirmation of cancellation or progress.
High-Resolution Images: High-resolution project images are available upon client request, potentially enabling detailed assessment of construction progress.
This Under Construction Monitoring Tool offers significant value by enhancing the accuracy of gas, power, and coal market analyses through improved data on upcoming generation capacity and other large impactful developments. This is a great time to sign up to Vulcan as we continue to expand the capabilities and value of the platform.