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.

Read more

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.

Read more

Industry News

Bush Pushes Conservation as Part of Energy Plan

LCG, May 14, 2001President Bush on Saturday stressed conservation through new technology as an important element of his energy policy, but stopped short of calling on Americans to sacrifice, as President Carter did during the energy crunch of the 1970s.

"Some think conservation means doing without," Bush said in his weekly radio talk. "That does not have to be the case." The remark seemed to soften an administration position taken by Vice President Dick Cheney, who is heading an energy team that plans to release its report Thursday.

In a recent speech, Cheney said "Conservation may be a sign of personal virtue, but it is not a sufficient basis for a sound, comprehensive energy policy."

Bush said that technology and tax breaks will provide the means and the incentive for conservation. "Over the long term, the most effective way to conserve energy is by using energy more efficiently," he said. "Pushing conservation forward will require investment in new energy technology, and that will be part of my administration's energy plan."

Bush's plan would provide tax incentives to encourage the use of more energy-efficient facilities and expand federal programs that encourage energy efficiency in office buildings to include others such as retail stores and shopping centers, hospitals and even homes.

Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service