CPV Basin Ranch Energy Center

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Project Quick Facts

Location: Ward County, TX 

Status: In Development 

System Information: 2 – 1×1 Combined-Cycle Power Plant featuring GE 7HA.03 turbines with Carbon Capture Option

Total Installed Capacity: 1,350 MW

Est. Start of Construction: Q2 2025

5,200

Direct, Indirect & Induced Jobs

$3 Billion

Project Investment

850,000

West Texas Homes Powered

Project Overview

The 1,350 MW CPV Basin Ranch Energy Center in Ward County will provide dependable power generation, create hundreds of jobs in West Texas, and be capable of powering the equivalent of 850,000 homes using locally sourced natural gas, and freeing much-needed pipeline capacity. 

CPV Basin Ranch is being developed with the option to include carbon capture capabilities. The innovative system would capture ~95% of the emitted carbon dioxide, which could be used for enhanced oil recovery in the Permian Basin.

In August of 2024, the Public Utility Commission of Texas advanced CPV Basin Ranch to a due diligence review of CPV’s application for a low-interest loan in the inaugural Texas Energy Fund (TEF) program. In the following month, Ward County commissioners approved a partial 10-year tax abatement for the project.

Community Benefits

  • Adds $410 million in net benefits to local taxing districts. 
  • Creates 5,200 direct, indirect, and induced jobs during construction (3-4 years), paying over $1.8 billion in wages and benefits. 
  • Adds over 90 direct and indirect jobs during operations paying over $1.3 billion in wages and benefits. 
  • Upgrades to local infrastructure during construction will help encourage other industrial projects.

Environmental Benefits

  • Design will meet ERCOT and NERC Extreme Cold Weather Temperature standards for Operations and Preparedness. 
  • Baseload dispatchable generation. 
  • Multiple gas options for additional reliability. 
  • Significant reduction in water use through innovative design paired with air cooling. 
  • Reduces flaring in the region. 
  • Designed to include a carbon-capture facility capable of capturing up to 95% of carbon emissions. 
  • Facility will meet or exceed EPA carbon emission standards.

Project Resources

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