Dynegy enters Fla. merchant market: Dynegy Inc. is developing a 500 MW, gas-fired peaking plant in Osceola County, near Orlando, Fla. Power from the Palmetto project is expected to be sold in Florida`s wholesale electric market when startup begins in the summer of 2002. Three gas turbines, operating in simple-cycle mode, are expected to burn gas delivered by the Florida Gas Transmission pipeline, and supply power through a 230 kV interconnection with Florida Power and FP&L transmission networks.
