EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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

EC Expected to Okay EdF Deal for Hidrocantabrico

LCG, Sept. 18, 2001--The European Commission is expected tomorrow to approve Electricit de France's indirect acquisition of Spanish utility Hidroelectrica del Cantabrico after the state-owned French monopoly dropped its decades-old resistance to building more transmission lines between France and Spain, the Financial Times reported this morning.

Ratification of the deal would be a victory for Spanish Prime Minister Jose Maria Aznar, who has criticized France for dragging its feet on liberalization of its electricity market. Spanish officials hailed the agreement as a milestone towards the creation of a single European energy market, the paper said.

Heretofore, Spain has been cut off from the rest of Europe because there is only one transmission line across the Pyrenees, the rugged mountain range separating the Iberian Peninsula from France. That interconnection is capable of carrying only 1,100 megawatts of power.

The effect of that limitation has been to prevent the importation of power in times of need and also to shield Spanish utilities from the possibility of competition from cheaper foreign power. The result has been higher than necessary Spanish electricity rates, officials say.

EdF has agreed to expand the interconnection capacity between France and Spain by up to 4,000MW over a period of five to 10 years, and in exchange, the Spanish government has withdrawn its objections to EdF's acquisition of a controlling stake in Hidrocantabrico through its partially-owned affiliate Energie Baden-Wurrtemberg of Germany.

"The agreement opens the Spanish electricity market to foreign suppliers," Luis de Guindos, the Spanish economy ministry's secretary for competition policy, said yesterday. "This is positive from a competition point of view and also from the point of view of securing alternative suppliers."

Hidrocantabrico is the smallest of Spain's four electric utilities and produces about 8 percent of the country's power. In recent years, it has been the target of takeover bids by several Spanish, European and U.S. companies, but each such overture has foundered on objections by Spain's competition authorities.

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