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New York PSC Approves Ravenswood Energy Storage Project

LCG, October 18, 2019--The New York State Public Service Commission (PSC) yesterday approved construction of the largest battery storage facility in New York State history. The 316-MW Ravenswood Energy Storage Project will be built in Long Island City, Queens, New York and scheduled to be partially operational by March 2021.

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Xcel Energy, EVRAZ North America and Lightsource BP Announce 250-MW Solar Project in Colorado

LCG, October 1, 2019--Xcel Energy, EVRAZ North America and Lightsource BP announced Friday that they have reached a long-term agreement to develop a 240-MW solar facility in Colorado. Lightsource BP will finance, build, own and operate the Bighorn Solar project and sell all the electricity it generates to Xcel Energy under a long-term power purchase agreement (PPA). The project will be built on EVRAZ Rocky Mountain Steel property in Pueblo, making it the largest on-site solar facility dedicated to a single customer in the country.

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Industry News

Upgrade Update: ComEd Cuts Outages by 19 Percent

LCG, Sept. 15, 2000Commonwealth Edison Co., the big Chicago utility that suffered so many power outages last summer that the mayor of the Windy City ordered it to get its system in shape or lose its franchise, reported yesterday that the number of outages per customer this summer was down 19 percent from the same time last year, while the average duration of outages per customer declined by 25 percent.

"I'm sure a part of that is fortune," said John W. Rowe, chairman and chief executive of ComEd, noting "we did benefit from relatively cool temperatures." He added that "A great deal of it is hard work, unpleasant management decisions, and very heavy expenditures of money."

As a result of edicts issued by Chicago Mayor Richard M. Daley last summer, ComEd embarked on a $1.5 billion upgrade of its distribution system. That budget has swelled to $1.9 billion as more problems than anticipated were discovered.

Rowe told reporters "We have made substantial progress in every area this year. However, we still have a long way to go to improve reliability and regain the confidence of our customers. We are only at the halfway mark of our improvement plan, and we will continue to work at a fast pace."

Shortly after ComEd announced all the improvements, a fire broke out in one of its underground vaults, where cables connect to wires that serve customers. Power was cut off to several businesses in Chicago's downtown Loop area.

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