LORDSTOWN, Ohio (WKBN) – Details about another energy plant coming to Lordstown were revealed Wednesday.
The Trumbull Energy Center is the next major investment in the village. The project is estimated at $900 million.
This new plant is in addition to the Lordstown Energy Center. Clean Energy Future is the developer of both projects.
Lordstown School Superintendent Terry Armstrong said the potential revenue from the Trumbull Energy Center will generate long-term funds for the district.Layout plan of new Lordstown energy plant (PDF)
“This is a game changer for the Lordstown schools,” Armstrong said. “”This one with the rate deal is really going to help us long-term be able to educate our kids and be able to help our school families better.”
The Trumbull Energy Center and the Lordstown Energy Center will burn natural gas to make electricity with the potential to power 1.7 million homes in Ohio.
Both centers are nearly identical in size and are located in the Lordstown Industrial Park.
Bill Siderewicz, president of Clean Energy Future, said each of the projects represents about $14 billion of economic development and bringing in $1.8 billion in construction, creating $28 billion of value.
It also means another two and a half years of work for the roughly 800 local union jobs on site.
Once construction of the first winds down in the spring of 2018, the second will begin. The hope is that the facility will be fully operational by May 2020.
About 120 jobs will be created with salaries of $75,000 to $100,000 per year.
“Good paying jobs and then there are the jobs that come here – manufacturers that need to use that resource,” said Tom Humphries, Youngstown-Warren Regional Chamber of Commerce.
Humphries said the $900 million investment is significant. To put it into perspective, the Lordstown Energy Center was the number one project in all of Northeat Ohio’s 18 counties in 2016.
The project will also impact finances in the city of Warren. Both plants will be required to purchase water and sewer service from the city.