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, 2022. 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, 2022. 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 365 365 100.0
Limestone ERCOT Fossil Coal TX 1,660 1,660 100.0
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 (c)
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 11,721 10,029
East
Astoria Turbines (d)
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 (e)
PJM Fossil Coal DE 410 410 100.0
Indian River PJM Fossil Oil DE 16 16 100.0
Joliet (f)
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 PJM Fossil Oil IL 101 101 100.0
Total East 4,284 4,284
West/Services/Other
Cottonwood MISO Fossil Natural Gas TX 1,166 1,166 ___(g)
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
Total West/Services/Other 3,403 2,103
Total Fleet 19,408 16,416
(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, NYISO and PJM require periodic demonstration of capability, and the capacity may vary individually and in the aggregate from time to time
(c) In May 2022, W.A. Parish Unit 8 came offline as a result of damage to the steam turbine/generator. Based on work completed to date, the Company is targeting to return the unit to service by the end of the second quarter of 2023
(d) On January 6, 2023, the Company closed on the sale of land and related assets at the Astoria site but continues to own and operate the Astoria gas turbines. The gas turbines' planned retirement date remains April 30, 2023
(e) The Company previously announced the shut down of the Indian River facility. However, PJM identified reliability impacts resulting from the proposed deactivation and Indian River Unit 4 currently remains active under a RMR agreement which is expected to end December 31, 2026
(f) The Company plans to retire Joliet 7 and 8 on June 1, 2023
(g) NRG leases 100% interests in the Cottonwood facility through a facility lease agreement expiring in May 2025 and operates the Cottonwood facility
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The following units were deactivated during 2022:
Name of Facility Power Market Plant Type Primary Fuel Location Rated MW Capacity Net MW Capacity % Owned
East
Waukegan 7 PJM Fossil Coal IL 682 682 100.0 %
Waukegan 8 PJM Fossil Coal IL 101 101 100.0 %
Will County 4 PJM Fossil Coal IL 510 510 100.0 %
Total 1,293 1,293
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.