New York Poised to Close Last Coal-fire Power Plant

LCG, December 4, 2019--The last operating coal-fired power plant in New York is moving toward closure shortly. Last month, Somerset Operating Company, a subsidiary of Riesling Power LLC, submitted a request to the New York State Public Service Commission (NYSPSC) to waive the state's required, 180-day notice to close the Somerset Station, allowing the facility to be retired on February 15, 2020. Closure is contingent on approvals by both NYSPSC and the New York Independent System Operator (NYISO), which will evaluate if it will cause an adverse effect on grid reliability.

Read more

Construction Commences on Enel’s Aurora Wind Farm in North Dakota

Enel Green Power North America, Inc. (“EGPNA”), the US renewable energy company of the Enel Group, has started construction of the 299-MW Aurora Wind Farm in North Dakota.

Read more

Industry News

Court Lifts Stay Blocking BG&E Rate Cut

LCG, Aug. 7, 2000--The Circuit Court of Baltimore City on Friday lifted the stay blocking a residential rate cut of 6.5 percent and the introduction of customer choice for electricity customers of Baltimore Gas & Electric Co.

The stay had been granted July 21 on the petition of the Mid-Atlantic Power Supply Association, a New Jersey-based organization claiming to represent out-of-state electric service suppliers seeking to do business in Maryland.

Christian H. Poindexter, chief executive of BG&E parent holding company Constellation Energy Group, said "Central Maryland consumers can now begin to enjoy the benefits of a deregulated electric market. In the interest of fairness to each of our 1 million residential customers, BG&Ewill provide retroactive savings from July 1, when customer choice began for virtually the rest ofMaryland."

BG&E President Frank O. Heintz noted that 19 electric service suppliers have been licensed by the Maryland Public Service Commission to compete for BG&Es customers and another 15 have applications pending. Apparently none of those 34 marketers are members of Mapsa.

Mapsa has now been turned down by five courts out of five in its effort to block BG&Es restructuring transition plan, but Judge Albert J. Matricciani Jr., who lifted the stay on Friday, said he would listen later this month to the organizations objections to the PSCs November 1999 settlement order for BG&E.

Poindexter didnt sound worried. "The PSC order, which will now be reviewed by the court, is sound and well reasoned. We are optimistic that the order will ultimately be affirmed," he said.

Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service