Cove Point LNG Terminal is an offshore liquid natural gas shipping terminal operated by BHE GT&S, a Berkshire Hathaway Energy company. It is located near Lusby , Maryland , United States , on the western shore of the Chesapeake Bay , and exports liquefied natural gas (LNG) and also stores gas. LNG is exported on specially designed ships known as LNG carriers .
43-435: The shipping dock ( 38°24′07″N 76°23′02″W / 38.402°N 76.384°W / 38.402; -76.384 ( Dominion Cove Point LNG shipping dock ) ) is located about 2.3 kilometres (1.4 mi) from the plant's storage tanks ( 38°23′20″N 76°24′29″W / 38.389°N 76.408°W / 38.389; -76.408 ) and is connected by pipes in an underwater tunnel. The site also contains
86-458: A Bermuda-based Limited Partnership the ability to access the portfolio of BIP assets. In addition, by issuing eligible dividends rather than partnership distributions, BIP felt that BIPC would provide a more attractive and favourable tax treatment for retail investors. BIPC began trading on the Toronto and New York Stock Exchanges on March 31, 2020. Brookfield Infrastructure Partners owns and operates
129-533: A Delaware limited liability company , was jointly owned by Constellation Energy (CEG) and Électricité de France (EDF), the French builder and supplier of nuclear power plants. The proposed unit was to produce approximately twice the energy of each individual existing unit. On July 13, 2007, UniStar Nuclear Energy filed a partial application to the Nuclear Regulatory Commission to review its plans to build
172-433: A cooling heat-sink for the plant. Unit 1 went into commercial service in 1975 and Unit 2 in 1977. The total cost of the two units was approximately US$ 766 million, about $ 3.699 billion in 2024. Unit 1 had its two steam generators replaced in 2002 and its reactor vessel closure head replaced in 2006, while unit 2 had its two steam generators replaced in 2003, and its vessel closure head replaced in 2007. The water around
215-513: A decade, according to an analysis of U.S. Census data for msnbc.com. The 2010 U.S. population within 50 miles (80 km) was 2,890,702, a decrease of 2.0 percent since 2000. Cities within 50 miles include Washington, D.C., (45 miles to city center). In 2001, when the Dominion Cove Point LNG plant was scheduled to reopen, many local residents were concerned about the proximity to this nuclear power plant (3 miles). Residents thought that
258-512: A fee would doom the project, “or the economics of any nuclear project, for that matter”. In November 2010 a deal to transfer Constellation Energy Group's stake in a nuclear development company to its French partner, EDF Group, closed, according to the U.S. Securities and Exchange Commission . A month prior, Constellation agreed to sell its 50 percent stake in UniStar Nuclear Energy to EDF for US$ 140 million, giving EDF sole ownership of
301-529: A further expansion of Cove Point's import capacity on an unregulated basis, with Statoil holding the expanded capacity. Storage capacity has recently expanded from 7.8 billion cubic feet of natural gas to the current 14.6 billion cubic feet. On 1 April 2013, Dominion filed an application with the FERC (Docket Number CP13-113) for expansion of the Cove Point facilities for gas liquefaction and export. The proposed expansion
344-546: A global basis. Until a spin-off in January 2008, Brookfield Infrastructure was an operating unit of Brookfield Asset Management , which retains a 30 percent ownership and acts as the partnership's general manager . The company's assets carried a book value of US$ 21.3 billion , on December 31, 2016. In March 2020, Brookfield Infrastructure Partners (BIP) created Brookfield Infrastructure Corporation (BIPC), an entity that provides certain institutional investors who cannot hold
387-463: A global network of infrastructure companies in utilities, transportation, energy and communications infrastructure. It invests in transmission and telecommunication lines, toll roads, ports and pipelines. The company has an equity market capitalization of about US$ 17.7 billion with an investment-return target of 12 to 15 percent. Its annualized total returns since inception have been 18% on the NYSE and 26% on
430-486: A higher price for the LNG, which the company found unacceptable, so shipment volume decreased and the terminal fell into disuse. In 1994, the facility was transformed into a facility to store domestic natural gas. A liquefaction unit was installed that cools natural gas to the point where it becomes a liquid, around −162 °C (−260 °F). The facility continued to use the original LNG storage tanks and gasifier units. Both
473-636: A liquefaction plant. BHE GT&S has full operational control of the facility, sharing its 25% ownership with Dominion Energy (50%) and Brookfield Infrastructure Partners (25%), investing through its Super Core-infrastructure fund. In July 2023, Berkshire Hathaway Energy agreed to acquire a further 50% stake in the venture for $ 3.3 billion in cash. After that, Buffett's company will own 75%. 25% stay with Brookfield. By August 2022, Cove Point had safely loaded 300 commercial cargo for export since exporting began in Spring 2018, reaching 28 countries. [1] The facility
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#1732851625936516-552: A new nuclear power plant, Calvert Cliffs Nuclear Power Plant 3 (CCNPP 3) based on the AREVA US Evolutionary Power Reactor (US-EPR), Generation III+, four loop pressurized water reactor. The third reactor was intended to address a need for more baseload power generation in the Mid-Atlantic region. The unit proposed to be located south of the existing units 1 and 2, set back from the shoreline. Although only
559-427: A plume exposure pathway zone with a radius of 10 miles (16 km), concerned primarily with exposure to, and inhalation of, airborne radioactive contamination , and an ingestion pathway zone of about 50 miles (80 km), concerned primarily with ingestion of food and liquid contaminated by radioactivity. The 2010 US population within 10 miles (16 km) of Calvert Cliffs was 48,798, an increase of 86.4 percent in
602-524: A rate increase with FERC proposing to raise the prices it charges to pipelines serving customers in Georgia, North Carolina, Virginia, and Maryland by 109 percent. Brookfield Infrastructure Partners Brookfield Infrastructure Partners L.P. is a publicly traded limited partnership with corporate headquarters in Toronto , Canada, that engages in the acquisition and management of infrastructure assets on
645-530: A result, the parties agreed to limit the heat content of the output of the terminal to 1075 Btu per ft (40.05 MJ/m) by diluting it with nitrogen gas. Subsequently, Washington Gas Light experienced a 16-fold increase in gas leaks on residential service connections in Prince George's County, Maryland , which is served directly by pipeline from the plant. These leaks come from mechanical couplings which contain rubber gaskets . Washington Gas Light claims that because
688-489: A single unit, its power plant footprint was almost twice the size of the existing units together. It was to have a closed-loop cooling system using a single hybrid mechanical draft cooling tower, incorporating plume abatement for no visible water vapor plume from the tower. Units 1 and 2 use an open-cycle heat dissipation system without cooling towers. The cooling tower of the Unit 3 reactor was to release two thirds of its waste heat to
731-828: Is a nuclear power plant located on the western shore of the Chesapeake Bay near Lusby , Calvert County , Maryland, in the Mid-Atlantic United States . It is the only nuclear power plant in the state of Maryland. The plant is owned and operated by Constellation Energy and has two 2737 megawatt thermal (MWth) Combustion Engineering Generation II two-loop pressurized water reactors . Each generating plant (CCNPP 1&2) produces approximately 850 megawatt electrical (MWe) net or 900 MWe gross. Each plant's electrical load consumes approximately 50 MWe. These are saturated steam plants (non-superheated) and are approximately 33% efficient (ratio of 900 MWe gross/2700 MWth core). Only
774-576: Is being considered in Case Number 9127. Opponents and supporters of the proposed third reactor at Calvert Cliffs were involved in a series of public hearings before officials of the US Nuclear Regulatory Commission . In March 2009, Bill Peil of southern Calvert County asked the NRC to deny an emissions permit for the reactor due to health and safety concerns he asserted that the plant posed to
817-399: Is returned to the bay no more than 12 °F (6.7 °C) warmer than the bay water. Unlike many other nuclear power plants, Calvert Cliffs did not have to utilize water cooling towers to return the hot water to its original temperature. As the water comes out very quickly and creates a sort of artificial rip current , it can be a dangerous place to fish. CCNPP 3 will only need about 10% of
860-526: Is shared by Dominion Energy (50%) and Brookfield (25%). The Cove Point facility resides on 1,000 acres on the Chesapeake Bay with operations only utilizing approximately 15%, or 131 acres of the site. The balance is in permanent conservation. The plant maintains the strictest leak detection and repair program in Maryland and Cove Point has received numerous awards for environmental stewardship. Cove Point LNG
903-591: The Federal Energy Regulatory Commission did not consider the risks could be caused by an attack or an explosion before opening the plant. The NRC's estimate of the risk each year of an earthquake intense enough to cause core damage to the reactor at Calvert Cliffs was 1 in 100,000 for Reactor 1 and 1 in 83,333 for Reactor 2, according to an NRC study published in August 2010. In the 1960s scientists at Johns Hopkins University became concerned that
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#1732851625936946-691: The Patrick brand in a joint venture with Qube, while the bulk and automotive port services assets rebranded to Linx Cargo Care Group under a Brookfield-led consortium of investment partners. That same year, the company also announced that it and its investment partners would acquire a 90% stake in a Brazilian natural gas pipeline from Petroleo Brasileiro SA for US $ 5.2 billion. The company made over $ 2 billion of new investments in 2016, including its first ventures into businesses in Peru and India . The company also invested in organic projects valued at $ 850 million, growing
989-607: The AVN toll road in Chile for a total purchase price of $ 590-million, after making an initial investment in 2011. In 2014, the company and its investment partners agreed to acquire 50% of the French telecommunications units of TDF for $ 2.2 billion. In 2016, the company announced agreements with Qube Holdings and other investment partners to buy the port assets of Asciano Limited , an Australian rail and port operator, for US $ 6.55 billion, (A$ 8.9 billion). The container port assets remained under
1032-478: The Cove Point gas has less hexane and other heavy hydrocarbons than does domestic natural gas, the Cove Point gas causes the gaskets to dry out and leak. Cove Point disputes these claims and argues that Washington Gas's arguments are flawed and the expansion will not cause additional leaks in the District of Columbia and Northern Virginia suburbs as the area served by unblended LNG increases. In 2006, Cove Point filed
1075-633: The NRC extended the license of the plant for 20 additional years, making Calvert Cliffs the first nuclear plant in the United States to receive such an extension. President George W. Bush visited the plant in June 2005, the first time a president had visited a nuclear power plant in nearly two decades. UniStar Nuclear Energy announced plans to build a unit of the Evolutionary Power Reactor ( US-EPR variant) at Calvert Cliffs. UniStar Nuclear Energy,
1118-628: The TSX. Sam Pollock is the chief executive officer of Brookfield Infrastructure Partners. He has held this position since 2006, and has been with Brookfield Asset Management since 1994. After the spin-off from Brookfield Asset Management, Brookfield Infrastructure operated timber properties and electricity transmission lines. In September 2008, the company announced it would expand and diversify its global operations by buying infrastructure holdings from distressed Babcock & Brown , thus adding approximately US$ 8 billion of assets under management . In 2010
1161-557: The atmosphere. The proposed EPR design was a saturated steam plant with one high-pressure turbine in tandem with three low-pressure turbines and a main generator design similar to Unit 1 and 2. Alstom was to supply the main steam turbine and main generator. On November 13, 2007, UniStar Nuclear Energy filed an application for a certificate of public convenience and necessity with the Maryland Public Service Commission for authority to construct CCNPP 3. This application
1204-515: The bay cooling water volume needed for Unit 1 and 2 combined. The increase in fish and shellfish impingement and entrainment will be less than 3.5% over Unit 1 and 2 existing conditions. In February 2009, Calvert Cliffs set a world record for pressurized water reactors (PWRs) by operating 692 days non-stop. In addition, Unit 2's capacity factor in 2008 was a world-record high of 101.37 percent. The Nuclear Regulatory Commission (NRC) defines two emergency planning zones around nuclear power plants:
1247-457: The community. UniStar Nuclear Energy President and CEO George Vanderheyden urged the NRC to approve the air permit application. In October 2010, Constellation Energy said that it had reached an impasse in negotiations for a federal loan guarantee to build the proposed third reactor. The government sought a fee of $ 880 million on a guarantee of about $ 7.6 billion, to compensate taxpayers for the risk of default. Constellation Energy replied that such
1290-451: The company completed a merger with Australian company Prime Infrastructure in which it held a minority interest. In 2012, the company participated in a joint venture with Spain's Abertis Infraestructuras to purchase 60 percent of toll operator Obrascon Huarte Lain Brasil in a deal valued at US$ 1.7 billion. Also in 2012, the company and its partners agreed to acquire the remaining 45% of
1333-590: The discharge of heated cooling water from the plant would be detrimental to a crucial element of the Chesapeake Bay ecosystem, the bay's famed blue crabs . Litigation pursuant to the 1970 National Environmental Policy Act led to a 1971 decision by the District of Columbia Court of Appeals requiring the Atomic Energy Commission (succeeded by the NRC in 1974) to consider the environmental impact of building and maintaining such an atomic energy plant. In 2000,
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1376-402: The exhaust of the single high-pressure main turbine is slightly superheated by a two-stage reheater before delivering the superheated steam in parallel to the three low-pressure turbines. Unit 1 uses a General Electric–designed main turbine and generator, while Unit 2 uses a Westinghouse–designed main turbine and generator. The heat produced by the reactor is returned to the bay, which operates as
1419-403: The freshwater marsh ecosystem with the intrusion of the bay's brackish water. The Marsh is documented to be home to over 40 rare, threatened and endangered plant species that would have been destroyed by the event. A restoration effort was conducted using over 33,000 tons of rock and 10,000 tons of sand, a 2,600-ft revetment was created to restore the marsh and re-stabilize its ecosystem. As part of
1462-562: The joint venture and its plans to develop a third unit at Calvert Cliffs in Southern Maryland. The deal called for EDF to transfer 3.5 million shares it owns, valued around US$ 110 million, to Constellation and give up its seat on the Constellation board. EDF designee Samuel Minzberg resigned. In April 2011 the NRC stated that UniStar is not eligible to build a third reactor, as it is not a US owned company since Constellation pulled out of
1505-489: The partnership in 2010. The NRC would continue to process the application, but a license would not be issued until the ownership requirements were met. The reactor was estimated to cost $ 9.6 billion. Constellation Energy merged into Exelon in 2012. In 2015 Areva, struggling with internal restructuring of its corporation, withdrew from the certification process for the US EPR reactor design, effectively putting on hold plans for
1548-436: The plant (see lower-right-center of photograph) is a very popular place for anglers . Unit 1 & 2 each takes in bay water (from the fenced-in area) to cool its steam driven turbine condensers plus other bay-water–cooled primary and secondary system heat exchangers. The bay water is pumped out at a nominal flow rate of 1.2 million gallons per minute (75,000 L/s) per unit (Unit 1 and 2) for each steam turbine condenser. The water
1591-568: The plant was scheduled to reopen, many local residents were concerned about the proximity to Calvert Cliffs Nuclear Power Plant (3 miles), and the damage that could be caused by an attack or an explosion at the plant. Residents thought that the FERC did not consider the risks before opening the plant. Because the LNG at Cove Point contains a higher heat content than domestic natural gas, a local gas utility which receives LNG from Cove Point, Washington Gas Light Company , complained in 2005 that its customers were adversely affected by this "hot" gas. As
1634-688: The project, Cove Point operations have been conducting routine surveillance and reporting progress on the ecosystem's recovery. In recognition of its environmental stewardship, Cove Point LNG was awarded the National Environmental Excellence Award by the National Association of Environmental Professionals and the “Hero of the Chesapeake Bay” by the Maryland Legislative Sportsmen's Foundation. In 2001, when
1677-556: The size of its utilities rate base, road and rail networks and energy systems. In 2022, the company announced an initiative with Intel to jointly invest up to $ 30 billion at a chip manufacturing plant in Chandler, Arizona. As of December 31, 2022, BIP declared majority ownership and/or controlling voting interest in the following companies: The following table lists prior acquisitions by BIP: Calvert Cliffs Nuclear Power Plant The Calvert Cliffs Nuclear Power Plant ( CCNPP )
1720-497: The storage and import activity are subject to regulation by the Federal Energy Regulatory Commission (FERC) under the Natural Gas Act . In 2001, various parties agreed to resume imports at the facility, while continuing its storage operations. Following the construction of a fifth LNG storage tank, imports resumed in the summer of 2003. Imported LNG suppliers include BG LNG , Shell LNG , and Statoil . In 2006, FERC authorized
1763-542: Was awarded LEED Certification in 2018, making it the first LEED building in Calvert County, Maryland. The facility consumes 32% less energy and 40% less water in restrooms than a similar facility of its size. In 2008, a large nor’easter storm created a breach of the Cove Point Marsh, a 190-acre Maryland Heritage Area, located on the western shore of the Chesapeake Bay. The breach caused significant damage and threatened
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1806-470: Was originally certified in 1972 for the importation of Algerian LNG for resale through the Columbia Gas Transmission and Consolidated Natural Gas pipeline systems. Cove Point began receiving LNG imported from Algeria between 1978 and 1980. On October 6, 1979, LNG vapors leaking from a pump exploded, causing 1 death, 1 critical injury, and major damage to the facility. The Algerians requested
1849-424: Was projected to cost $ 3.4 billion to $ 3.8 billion. The export project was completed in early 2018, making the facility bidirectional (being capable of importation and exportation of LNG). The export facility has the capacity to handle 1.8 billion cubic feet (51 million cubic metres) per day of natural gas. In 2020, Berkshire Hathaway Energy took a 25 percent stake in the facility. Non-operational ownership
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