FORMOSA UTILITY VENTURE LTD
OperatingNatural Gas power plant
- Capacity
- 689 MW
- Primary fuel
- Natural Gas
- County
- Calhoun County
- Operator
- FORMOSA PLASTICS CORP
- Status
- Operating
- Commissioned
- 1987
- EIA plant ID
- 10554
- Generators
- 13
- Technology
- Natural Gas Fired Combined Cycle
- Net generation (2024)
- 4,462 GWh
- Capacity factor (2024, EIA nameplate)
- 54%
- Data vintage
- EIA-860 2024 final; EIA-923 2022-2024 final
- Coordinates
- 28.6909, -96.5446
FORMOSA UTILITY VENTURE LTD, a 689 MW Natural Gas power plant in Calhoun County, Texas. Operated by FORMOSA PLASTICS CORP, commissioned 1987.
How FORMOSA UTILITY VENTURE LTD compares
With 689 MW of capacity, FORMOSA UTILITY VENTURE LTD ranks 51st among the 307 operating power plants Bywatts maps in Texas and 38th of the 134 operating Natural Gas plants in the state. It accounts for about 1.0% of Texas's operating Natural Gas capacity and 0.7% of all operating capacity in the state. Nationally it is the 197th-largest of the 1,185 operating Natural Gas plants in the database. Commissioned in 1987, it is older than 68% of the 303 operating Texas plants with a recorded commissioning year. Its operator, FORMOSA PLASTICS CORP, runs 2 operating plants in Texas totaling 999 MW. It shares Calhoun County with 4 other operating plants, including CFB POWER PLANT and UNION CARBIDE SEADRIFT COGEN.
EIA-860 lists 13 generators at the site with 933 MW of nameplate capacity, all natural gas fired combined cycle technology (this page's HIFLD capacity figure is 689 MW). Net generation was 4,462 GWh in 2024 (a 54% capacity factor). Its generators came online between 1987 and 2023.
Grid neighborhood
The closest transmission line found within 10 miles is a 138 kV line owned by AEP TEXAS CENTRAL CO., about 0.4 miles away. Another 5 operating power plants totaling 627 MW sit within 25 miles; the largest is CFB POWER PLANT (310 MW).
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
FORMOSA UTILITY VENTURE LTD is a 689 MW natural gas power plant in Calhoun County, TX, operated by FORMOSA PLASTICS CORP, commissioned in 1987. Calhoun County carries critical modeled catastrophe exposure in the FEMA National Risk Index, scoring 4.2 of 5 at the 80th national percentile. Hurricane is the leading peril, rated Relatively Moderate by FEMA at the 97th 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.
Calhoun County hazard ratings
| Peril | FEMA rating | National percentile | Peril score | Events per year |
|---|---|---|---|---|
| Hurricane | Relatively Moderate | 97th | 4.9 of 5 | 0.16 |
| Wildfire | Very Low | 59th | 3.4 of 5 | <0.01 |
| Lightning | Relatively Moderate | 54th | 3.2 of 5 | 53.4 |
| Coastal flooding | Relatively Low | 48th | 2.9 of 5 | 3.7 |
| Heat wave | Relatively Low | 41st | 2.6 of 5 | 7.6 |
| Riverine flooding | Relatively Low | 36th | 2.4 of 5 | 1.2 |
| Tornado | Relatively Low | 35th | 2.4 of 5 | 0.36 |
| Hail | Very Low | 27th | 2.1 of 5 | 0.83 |
| Strong wind | Very Low | 26th | 2.1 of 5 | 0.61 |
| Ice storm | Relatively Low | 13th | 1.5 of 5 | 0.46 |
| Winter weather | Very Low | 12th | 1.5 of 5 | 0.78 |
| Earthquake | Very Low | 7th | 1.3 of 5 | <0.01 |
Model hail, wind and flood exposure for Calhoun 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.