New York PSC Approves Ravenswood Energy Storage Project

LCG, October 18, 2019--The New York State Public Service Commission (PSC) yesterday approved construction of the largest battery storage facility in New York State history. The 316-MW Ravenswood Energy Storage Project will be built in Long Island City, Queens, New York and scheduled to be partially operational by March 2021.

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Xcel Energy, EVRAZ North America and Lightsource BP Announce 250-MW Solar Project in Colorado

LCG, October 1, 2019--Xcel Energy, EVRAZ North America and Lightsource BP announced Friday that they have reached a long-term agreement to develop a 240-MW solar facility in Colorado. Lightsource BP will finance, build, own and operate the Bighorn Solar project and sell all the electricity it generates to Xcel Energy under a long-term power purchase agreement (PPA). The project will be built on EVRAZ Rocky Mountain Steel property in Pueblo, making it the largest on-site solar facility dedicated to a single customer in the country.

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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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