JERA Proposes 500-Megawatt LNG Power Plant for Oahu, Hawaii
Japanese energy company JERA Co. Inc. has proposed a 500-megawatt liquefied natural gas (LNG) power plant for Oahu, aiming to reduce electricity costs by 20%. Governor Josh Green announced the proposal after a collaboration agreement signed on Oct. 6. The project could save Hawaii $170 million annually in oil expenses and create up to 1,100 jobs during construction. The facility is expected to be operational by 2030, pending regulatory approvals.
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JERA Co. Inc. proposed a 500-megawatt LNG power plant for Oahu, potentially cutting electricity costs by 20%. Governor Josh Green announced the project following an agreement signed on Oct. 6.
The facility aims to provide more affordable energy, helping Hawaii transition away from oil. JERA estimates the plant could save the state $170 million annually on oil and generate approximately 1,100 construction jobs.
The project includes LNG supply infrastructure and could be operational by 2030, subject to regulatory approvals. The proposal is part of Hawaii's strategy to meet clean energy goals, with a law mandating 100% renewable energy by 2045.
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