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

Enron Shelves Bosnia Projects in Political Uncertainty

LCG, Feb. 8, 2001Enron Corp. said this morning that it would hold off on several hundred million dollars worth of projects in Bosnia pending resolution of the Balkan country's political problems.

Yesterday, the Bosnian parliament was unable to agree on a new prime minister as a power struggle, dating to last November's elections, continued between nationalists and Western-backed political groups.

An Enron spokeswoman in Bosnia, Zdenka Gast, said the ministerial vacuum left the company no one in the government with whom to negotiate. She said Enron was close to signing deals with the Bosnian-Croat government power company Elekroprivreda HZ Herceg-Bosna and metals firm Soko about construction of two hydroelectric power plants and one thermal power plant.

Those projects will be tabled until political uncertainty is resolved, she said. "We are concerned about the projects that we have been negotiating with the authorities here over last year," Gast told a news conference.

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