The project involved the replacement of a GE LM5000 natural gas turbine with a GE LM6000 unit. Final capital costs for the project was approximately $19.7m.
According to the company, the final capital costs could potentially be lower than budget if the sale of the used GE LM5000 turbine is successful. The repowering project started in February of this year.
Stuart Lee, president of general partner of Capital Power Income, said: “The repowering of Oxnard was completed slightly under budget and in time for the start of the summer peak demand season in Oxnard’s power region.
“The new LM6000 gas turbine will improve reliability and efficiency, which will result in higher operating margins at the facility through avoided forced outage cost savings and a slightly improved heat rate. The Oxnard facility was fully operational for the start of its peak summer revenue period where higher capacity payments and bonuses are achieved through high plant availability.”
