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

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Industry News

SoCal Ed Bailout Plea Draws Fire

LCG, Oct. 2, 2001--Here is what John E. Bryson, president of Southern California Edison Co's. parent holding company Edison International Inc., wrote to shareholders just 10 days after the attacks on New York's World Trade Center and the Pentagon in Washington:

"During this time of national crisis we need stability in the California electric system. An Edison bankruptcy will destabilize that essential system and will have major adverse impacts on an already fragile California economy."

Critics have termed the attempt to link the survival of California's second-largest utility to what has become a worldwide war against terrorism as desperate and cynical and say it is an offense against the thousands of Americans who perished in the attacks of September 11.

In his letter, Bryson said it was irresponsible for the California legislature to not have passed a "rescue package" for the utility "during this time of national and economic uncertainty."

The letter was obviously a bid to gain support for legislation pending in the state Senate that is aimed at restoring the utility to solvency. The measure was languishing in committee when the legislature adjourned for the year on September 15, but Gov. Gray Davis has called a special session in an effort to get the legislation passed and save SoCal Ed from bankruptcy.

State Sen. John Burton, a San Francisco Democrat who is president pro tempore of the state Senate, said he found the letter "unseemly, and a desperate act from a desperate person."

The bailout does not have much support in the state Senate, even among members of Davis' Democrat Party. "Maybe we'll do them a favor and put it up for a vote and show there's three people who will support it," Burton added.

Harvey Rosenfield, president of the Foundation for Taxpayer and Consumer Rights, wrote Bryson saying "what has happened to this nation in the last three weeks with your company's self-inflicted financial wounds is a grievous offense to the memories of the six thousand men, women and children" killed in the September 11 attacks.

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