MAGNET COVE
OperatingNatural Gas power plant
- Capacity
- 746 MW
- Primary fuel
- Natural Gas
- County
- Hot Spring County
- Operator
- ARKANSAS ELECTRIC COOP CORP
- Status
- Operating
- Commissioned
- 2005
- EIA plant ID
- 55714
- Generators
- 3
- Technology
- Natural Gas Fired Combined Cycle
- Net generation (2024)
- 4,259 GWh
- Capacity factor (2024, EIA nameplate)
- 65%
- Data vintage
- EIA-860 2024 final; EIA-923 2022-2024 final
- Coordinates
- 34.4308, -92.8322
MAGNET COVE, a 746 MW Natural Gas power plant in Hot Spring County, Arkansas. Operated by ARKANSAS ELECTRIC COOP CORP, commissioned 2005.
How MAGNET COVE compares
With 746 MW of capacity, MAGNET COVE ranks 6th among the 48 operating power plants Bywatts maps in Arkansas and 3rd of the 15 operating Natural Gas plants in the state. It accounts for about 10% of Arkansas's operating Natural Gas capacity and 4.6% of all operating capacity in the state. Nationally it is the 168th-largest of the 1,185 operating Natural Gas plants in the database. Commissioned in 2005, it is newer than 75% of the 48 operating Arkansas plants with a recorded commissioning year. Its operator, ARKANSAS ELECTRIC COOP CORP, runs 9 operating plants in Arkansas totaling 2,033 MW. It shares Hot Spring County with 3 other operating plants, including LAKE CATHERINE and HOT SPRING GENERATING FACILITY.
EIA-860 lists 3 generators at the site with 746 MW of nameplate capacity, all natural gas fired combined cycle technology. Net generation was 4,259 GWh in 2024 (a 65% capacity factor), up 29% from 2022. Its generators came online between 2005 and 2006.
Grid neighborhood
The closest transmission line found within 10 miles is a 500 kV line owned by ENTERGY ARKANSAS INC, under 0.1 miles away. Another 6 operating power plants totaling 1,675 MW sit within 25 miles; the largest is LAKE CATHERINE (752 MW, Natural Gas).
Computed by Bywatts from HIFLD power plant and transmission line records and EIA-860/923 survey data; distances are straight-line. Sources and methodology
Weather peril exposure
MAGNET COVE is a 746 MW natural gas power plant in Hot Spring County, AR, operated by ARKANSAS ELECTRIC COOP CORP, commissioned in 2005. Hot Spring County carries critical modeled catastrophe exposure in the FEMA National Risk Index, scoring 4.3 of 5 at the 82nd national percentile. Lightning is the leading peril, rated Relatively High by FEMA at the 100th percentile.
The Bywatts loss layer is calibrated to solar PV hardware, so it is not applied to a natural gas plant. The ratings below are the FEMA National Risk Index county hazard ratings for this location.
Hot Spring County hazard ratings
| Peril | FEMA rating | National percentile | Peril score | Events per year |
|---|---|---|---|---|
| Lightning | Relatively High | 100th | 5.0 of 5 | 64.2 |
| Ice storm | Relatively High | 96th | 4.8 of 5 | 1.1 |
| Hail | Relatively Moderate | 84th | 4.3 of 5 | 5.0 |
| Earthquake | Relatively Low | 83rd | 4.3 of 5 | <0.01 |
| Winter weather | Relatively Low | 77th | 4.1 of 5 | 4.1 |
| Strong wind | Relatively Moderate | 76th | 4.0 of 5 | 3.3 |
| Riverine flooding | Relatively Low | 74th | 3.9 of 5 | 1.8 |
| Tornado | Relatively Moderate | 58th | 3.3 of 5 | 0.40 |
| Heat wave | Relatively Low | 56th | 3.2 of 5 | 18.1 |
| Wildfire | Very Low | 53rd | 3.1 of 5 | <0.01 |
| Hurricane | Very Low | 53rd | 3.1 of 5 | 0.04 |
Perils not assessed in Hot Spring County
These perils carry no usable National Risk Index figure for this county, so they are excluded from the scoring rather than scored zero. A zero would claim the peril was assessed and found benign.
| Peril | Why it is not scored |
|---|---|
| Coastal flooding | FEMA rating is "Not Applicable" for this county |
Model hail, wind and flood exposure for Hot Spring County in the weather risk calculator
Ratings are the FEMA National Risk Index county hazard ratings; the peril score is a Bywatts transform of the FEMA national percentile. Full data sources and the solar vulnerability methodology are in the weather risk calculator.
Modeled estimate for screening and negotiation. Built from FEMA National Risk Index county hazard data and a solar vulnerability layer documented above. Not a quote, a binder, or actuarial advice, and not a substitute for a carrier's own model. Hazard data: FEMA National Risk Index December 2025, synced 2026-07-24. Resolution is county level, not site level.