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

PG&E is Running Out of (Natural) Gas

LCG, Feb. 7, 2001Pacific Gas & Electric Co. warned yesterday that its already tight natural gas supplies would be further cut by 10 percent today after expiration of an emergency federal order for gas suppliers to sell the commodity to the cash-strapped utility.

J. Aron & Co., the commodities division of Goldman Sachs, is PG&E's larges natural gas supplier, accounting for about 9 percent of the company's needs. Western Gas Resources of Denver supplies almost another 1 percent. Both companies said they would cease filling orders from PG&E unless they were paid in advance.

A PG&E spokesman said yesterday afternoon "We've received confirmation from two of our suppliers, one our single largest supplier, that they will stop delivery at midnight tonight." He said that five gas suppliers have confirmed that they will continue sales to the utility and another 20 or more suppliers have not yet given an indication.

PG&E will have to dip into its reserves, the spokesman said, but pointed out that the company has only about a week's supply of natural gas in storage. The utility serves some 3.8 million gas customers in Northern California.

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