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News
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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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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
Calpine Buys Canadian Gas Producer
LCG, Feb. 8, 2001Calpine Corp. this morning announced plans to acquire Encal Energy Ltd., a Canadian natural gas and petroleum exploration and development firm based in Calgary, Alta., for about $1.2 billion including assumption of debt.The acquisition will provide Calpine with about a trillion cubic feet equivalent of proved and probable natural gas reserves and access to firm gas transportation capacity from western Canada to California and the eastern U.S.The San Jose, Calif.-based power provider said it was also getting "an accomplished management team capable of leading Calpine's business expansion in Canada."Encal currently produces approximately 230 million cubic feet of gas equivalent per day, net of royalties, bringing Calpine's North America production to 390 million cubic feet equivalent. That's enough gas to fuel about 2,300 megawatts worth of power plants, the company said.
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Generator X
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