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 Suppliers to Continue Providing Gas

LCG, Feb. 8, 2001Pacific Gas & Electric Co. said this morning that five natural gas suppliers have agreed to continue supplying the utility in exchange for a security interest in future utility accounts receivable resulting from resale of the gas.

PG&E warned that the five suppliers provide only a portion of its natural gas requirements, an amount insufficient to "avert severe shortages in the coming days or weeks." Gordon Smith, PG&E chief executive, said the utility was trying to get more suppliers to agree to the plan. "We remain hopeful we can avoid what otherwise threatens to be a very serious gas shortage," he said.

The company said it had only about nine days' supply of gas in storage, and that would be depleted rapidly if suppliers stopped their deliveries.

The five companies agreeing to continue furnishing gas to PG&E are BP Energy Co., Texaco Natural Gas, Dynegy Marketing and Trade, Texaco Canada Petroleum and Dynegy Canada Marketing.

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