Item 2. Properties
Item 2 — Properties
Listed below are descriptions of NRG's interests in facilities, operations and/or projects owned or leased as of December 31, 2021. The rated MW capacity figures provided represent nominal summer MW capacity of power generated. Net MW capacity is adjusted for the Company's owned or leased interest as of December 31, 2021. The Company believes its existing facilities, operations and/or projects are suitable for the conduct of its business. The following table summarizes NRG's power production and cogeneration facilities by region:
Name of Facility Power Market Plant Type Primary Fuel Location Rated MW Capacity (a)
Net MW Capacity (b)
% Owned
Texas
Cedar Bayou ERCOT Fossil Natural Gas TX 1,494 1,494 100.0
Cedar Bayou 4 ERCOT Fossil Natural Gas TX 504 252 50.0
Elbow Creek ERCOT Other Battery Storage TX 2 2 100.0
Greens Bayou ERCOT Fossil Natural Gas TX 330 330 100.0
Gregory ERCOT Fossil Natural Gas TX 385 385 100.0
Limestone (c)
ERCOT Fossil Coal TX 1,660 1,660 100.0
Petra Nova Cogen ERCOT Fossil Natural Gas TX 68 34 50.0
San Jacinto ERCOT Fossil Natural Gas TX 160 160 100.0
South Texas Project ERCOT Nuclear Uranium TX 2,572 1,132 44.0
T.H. Wharton ERCOT Fossil Natural Gas TX 1,002 1,002 100.0
W.A. Parish ERCOT Fossil Coal TX 2,514 2,514 100.0
W.A. Parish ERCOT Fossil Natural Gas TX 1,118 1,118 100.0
Total Texas 11,809 10,083
East
Astoria Turbines (e)
NYISO Fossil Natural Gas NY 420 420 100.0
Chalk Point PJM Fossil Natural Gas MD 80 80 100.0
Fisk PJM Fossil Oil IL 171 171 100.0
Indian River (f)
PJM Fossil Coal DE 410 410 100.0
Indian River PJM Fossil Oil DE 16 16 100.0
Joliet PJM Fossil Natural Gas IL 1,381 1,381 100.0
Powerton PJM Fossil Coal IL 1,538 1,538 100.0
Vienna PJM Fossil Oil MD 167 167 100.0
Waukegan (f)
PJM Fossil Coal IL 682 682 100.0
Waukegan PJM Fossil Oil IL 101 101 100.0
Will County (f)
PJM Fossil Coal IL 510 510 100.0
Total East 5,476 5,476
West/Other
Cottonwood MISO Fossil Natural Gas TX 1,177 1,177 ___(d)
Gladstone Fossil Coal AUS 1,613 605 37.5
Ivanpah CAISO Renewable Solar CA 393 214 54.5
Midway-Sunset CAISO Fossil Natural Gas CA 226 113 50.0
Stadiums and Other Renewable Solar various 5 5 100.0
Watson CAISO Fossil Natural Gas CA 416 204 49.0
Total West/Other 3,830 2,318
Total Fleet 21,115 17,877
(a) MW capacity of the facility without taking into account NRG ownership percentage
(b) Actual capacity can vary depending on factors including weather conditions, operational conditions, and other factors. Additionally, ERCOT and PJM require periodic demonstration of capability, and the capacity may vary individually and in the aggregate from time to time
(c) In early July 2021, Limestone Unit 1 came offline as a result of damage to the duct work associated with the flue gas desulfurization system. Based on management's current assessment of necessary remediation efforts, Unit 1 is expected to remain on an outage until the second quarter of 2022
(d) NRG leases 100% interests in the Cottonwood facility through a facility lease agreement expiring in May 2025 and operates the Cottonwood facility
(e) On February, 22, 2022, NRG submitted deactivation notices to the NYISO for the Astoria facility, with a planned retirement date of 2023
40
(f) During the second quarter of 2021, the results of the PJM Base Residual Auction for the 2022/2023 delivery year were released, leading the Company to announce the near-term retirement of a significant portion of its PJM coal generating assets as detailed bellow:
Name of Facility Power Market Primary Fuel Net MW Capacity Retirement Date
Indian River 4 PJM Coal 410 June 2022*
Waukegan 7 PJM Coal 328 June 2022
Waukegan 8 PJM Coal 354 June 2022
Will County PJM Coal 510 June 2022
Total 1,602
* On July 30, 2021, PJM identified reliability impacts resulting from the proposed deactivation of one of those assets, Indian River Unit 4. On August 27, 2021 the Company notified PJM that it would continue operations at Indian River Unit 4 until the reliability upgrades identified by PJM were completed, provided that the unit receives a satisfactory and compensatory reliability must run arrangement.
Other Properties
NRG owns several real properties and facilities related to its generation assets, other vacant real property unrelated to its generation assets, and properties not used for operational purposes. NRG believes it has satisfactory title to its plants and facilities in accordance with standards generally accepted in the electric power industry, subject to exceptions that, in the Company's opinion, would not have a material adverse effect on the use or value of its portfolio.
NRG leases its operational and corporate headquarters at 910 Louisiana Street, Houston, Texas, its financial and commercial corporate offices at 804 Carnegie Center, Princeton, New Jersey, as well as its retail operations offices, call centers, and various other office space.
Item 3 — Legal Proceedings
See Item 15 — Note 23, Commitments and Contingencies , to the Consolidated Financial Statements for discussion of the material legal proceedings to which NRG is a party.
Item 4 — Mine Safety Disclosures
There have been no events that are required to be reported under this Item.
41
PART II