Located north of North Keys Road and about 1.25 miles east of Brandywine, Maryland, the facility will connect to the adjacent Potomac Electric Power (PEPCO)/PJM 500kV transmission line.
PSEG Power is planning to commence construction of the natural gas-fired, combined-cycle electric generating plant in 2015, with an investment of $825m to $875m and expected completion in 2018.
The facility, which may be renamed as PSEG Keys Energy Center (KEC), will generate approximately 700 jobs during the two-year construction phase.
PSEG Power president and COO Bill Levis said: "The new plant offers a strong operational and financial fit for PSEG Power’s balanced generation portfolio and will expand our footprint in our core PJM market.
"This is an opportunity to add to the reliability of the energy grid, provide clean energy to Maryland and create new jobs and economic activity locally and within the region."
SNC – Lavalin Constructors will serve as the engineering, procurement and construction contractor, while PSEG Fossil will be responsible for construction, operation and maintenance of the facility.
