Monday, May 21, 2018

Magnum Solutions Expanding in Millard County

Magnum Solutions, LLC was recently approved for several conditional use permits that would allow their operations to expand while keeping in line with the county’s vision of growth and development, after careful review. The company owns the largest underground propane and butane storage facility in the western United States.

In addition, Magnum has made significant progress toward the launch of three new businesses in the past few months. On March 30, Magnum closed on a joint venture with a former company, Magnum NGLs, now Sawtooth NGL Storage Caverns, LLC to advance on a new business- refined products storage. Refined products include gasoline, diesel fuel and aviation fuel.

In the coming months, Magnum and Sawtooth will be working closely with the county to obtain the necessary permits to incorporate the refined products business with the existing facility.

Magnum also received notice in the past two weeks that they have passed to the next round in the process for Southern California Public Power Authority’s request for proposal to develop a compressed air energy storage facility at Delta. The significance of the CAES technology is that CAES captures intermittent renewable generation and shapes the product into reliable and dispatchable electricity.

The Los Angeles Department of Water and Power, which is the major participant in IPP, is part of SCPPA. This is significant for Magnum as they are now engaged in discussions with California power entities for the construction of 160- megawatt CAES plant at the Western Energy Hub, said James.

The development of a CAES plant in Delta will not only support energy security and reliability throughout the Western U.S., but also create jobs in Millard County. Millard County Chronicle Progress