Virginia Governor Signs Executive Order to Drive Renewable Energy Installations

LCG, September 18, 2019--The Governor of Virginia signed an Executive Order 43 yesterday setting statewide goals for clean energy deployment and expands upon the Commonwealth's commitments to reduce the environmental impact, mitigate the impacts of climate change, and boost the clean energy economy in Virginia.

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Los Angeles Moves A Step Closer to Approving Huge Solar with Battery Storage Installation

LCG, September 12, 2019--The Los Angeles Department of Water and Power (LADWP) Board of Commissioners unanimously approved a plan on September 10 to install a 300-MW/1,200-MWh battery energy storage system (BESS) located at 8minute Solar Energy's (8mSE) Eland Solar and Storage Center.

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Industry News

Close Delayed on Two NRG Energy Plant Acquisitions

LCG, July 26, 2001-- NRG Energy Inc. said this morning that the Federal Energy Regulatory Commission has instructed its staff to convene a technical conference to "further explore issues related to the competitive effects" resulting from NRG's proposed acquisition of the Bridgeport and New Haven Harbor Stations in Connecticut.

The order directs FERC staff to report back to the Commission within 90 days after exploring "issues regarding market power concerns."

NRG has planned extensive emissions upgrades to the 660 megawatt Bridgeport plant and the 460 megawatt New Haven station, both of which it is buying from United Illuminating Co. FERC's action will delay closing the transaction beyond this summer, the original target of the companies, NRG said.

"Upon review of the FERC order received yesterday, it is clear some issues have yet to be resolved. However, NRG is confident the FERC will ultimately approve the transaction," said Craig A. Mataczynski, chief executive of NRG North America.

"Connecticut will benefit from this acquisition as it will help to ensure a healthy fuel diversity within New England's power grid so that affordable, reliable and environmentally responsible electricity is available when and where it is needed," he added.

Mataczynski said his company plans significant cuts in emission from both plants. , "NRG remains committed to reducing sulphur emissions at the New Haven facility by 50 percent and, after installing additional environmental controls, reducing sulphur emissions by more than 90 percent at the Bridgeport Harbor facility," he said.

The transaction also requires approval by the U.S. Department of Justice.

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