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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.

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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.

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Industry News

Davis Seizes PG&E's Long-Term Power Contracts

LCG, Feb. 6, 2001California Gov. Gray Davis again used his power of eminent domain yesterday to seize long term power contracts between a state utility and generating companies to prevent their being sold to satisfy the company's debtors.

As he did on Friday when he grabbed contracts belonging to Southern California Edison Co., Davis yesterday seized contracts of Pacific Gas & Electric Co. before they could be liquidated by the California Power Exchange.

The contracts, entered into by SoCal Edison and PG&E in the power exchange's "block forward" market, are for electricity at 6 to 13 cents per kilowatt-hour, EnergyOnline Daily News has learned. This compares with prices of 25 cents to 35 cents per kilowatt-hour the companies have been paying in the spot market.

At a news conference yesterday, Davis told reporters "This will ensure that the price of power is a good deal less than it would be if it went out on the open market. Legislative leaders urged me to take this action and I took it."

Davis said the money to acquire the contracts will come initially from the state's general fund.

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