HONOLULU (HawaiiNewsNow) – A Japanese energy company has filed a letter of intent with state utility regulators, moving closer to building a $2 billion liquefied natural gas power plant on Oahu.
JERA Americas filed the letter of intent with the Hawaii Public Utilities Commission on Friday.
The company says the proposed Longboard LNG Project would include a new power plant and an offshore import terminal at Kalaeloa (Barbers Point), capable of generating 500 megawatts — roughly one-third of Oahu’s electricity.
What JERA is proposing
JERA says it is proposing a new wholesale electric generation company that would be regulated directly by the Public Utilities Commission, giving Oahu another option for electricity. The company says it is not proposing to replace Hawaiian Electric (HECO) as the retail electric utility…