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Tokyo-based Electric Power Subsidiary partners with AP Solar in 400 MW Texas Solar Project

LCG, August 6, 2020—J-Power USA Development Co, a subsidiary of the Electric Power Development Co. headquartered in Tokyo, has joined a joint venture to develop a 400 MW Texas solar project.

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Texas Solar Project Sold to CIP

LCG, July 31, 2020—An affiliate of Copenhagen Infrastructure Partners has completed purchase of a 350 MW solar photovoltaic project near the Houston metro area from Solar Plus Development Inc. and Avondale Solar.

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Industry News

Alliance Transco Agrees to Management by National Grid

LCG, Nov. 5, 2001--National Grid USA said on Friday that is has signed an agreement with members of the Alliance regional transmission organization that details the terms for the American subsidiary of the operator of Great Britain's transmission system to be the managing member of the Alliance Transco.

The Alliance Transco is a proposed, profit-motivated independent transmission company whose member companies operate 51,400 miles of transmission in 11 states stretching from Missouri to Virginia. Upon approval by the Federal Energy Regulatory Commission and the fulfillment of other conditions, the Alliance would operate as an RTO.

Whether that comes to pass is another matter, as FERC has recently pursued a policy that would place the U.S. transmission system under the governance of four super-regional organizations. Smaller RTOs and other independent system operators would be folded into the larger organizations.

Rick Sergel, president and chief executive of National Grid USA appears not to believe that FERC really wants four huge RTOs.

"Today brings us closer to the formation of the nation's first for-profit RTO, and the realization of the FERC's goal to reshape electricity markets to enhance reliability, encourage cost-effective service to customers, and promote a competitive marketplace," he said.

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