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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

Calpine Buys Geothermal Assets in Northern California

LCG, Oct. 31, 2001--Calpine Corp. yesterday announced it had acquired two subsidiaries of Mid-American Energy Holding Co. and in the process got the companies' geothermal resource assets, contracts, leases and development opportunities associated with the Glass Mountain Known Geothermal Resource Area in Siskiyou County, Calif., near the Oregon border.

Financial details of the deal were not disclosed.

Before the acquisition of California Energy General Corp. and CE Newberry Inc., Calpine owned about 40 percent of the leases in the 66-square-mile area, and says that the two acquisitions give it "essentially all" of the development rights within the Glass Mountain area.

Calpine said the purchases are directly related to its plans to develop the 49.5 megawatt Fourmile Hill Geothermal Project located in the Glass Mountain area. Power from the project, which is in advanced development and is projected to be online by late 2004, is committed to Bonneville Power Administration under a 20-year contract.

Fourmile Hill has also qualified for a California Energy Commission renewable energy production incentive which is valid for the first five years of the facility's operation and is valued at up to $21 million, Calpine said.

"We are pleased with the initial resource data and are confident about the potential of the Glass Mountain (area) as a new green power resource," said John Miller, Calpine vice president of program development. "This transaction strengthens our commitment to renewable energy and reflects Calpine's strategy to manage the entire geothermal resource. In doing so, we will be better positioned to optimize power production and effectively coordinate the power production with other important uses of the area."

Calpine has been involved in geothermal power production since 1985 and, through its operations at The Geysers north of San Francisco, generates about 850 megawatts, making the company the largest producer of electricity from renewable geothermal resources in the world.

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