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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

Hope Creek, Palo Verde 3 Complete Speedy Refuelings

LCG, Nov. 6, 2001--The 1,031 megawatt Hope Creek nuclear power plant operated by PSEG Nuclear near Wilmington, Del., was ramping up to full power following a 24-day refueling outage, the shortest in the plant's 15-year history, Public Service Enterprise Group said yesterday.

Also yesterday, Arizona Public Service Co.'s 1,270 megawatt Palo Verde Unit 3 reactor rejoined the grid following a 37-day refueling outage, which was one of the shortest ever for Unit 3, but no record.

Both companies stressed that high standards of safety were achieved during the outages. This reflects a change in the nuclear culture of U.S. utilities which has resulted in record-breaking performance from the nation's atomic power plants in the last two or three years.

Industry-wide, the capacity factor of nuclear generation has pushed above 90 percent, surpassing that for any other form of generation. In 1999, the cost of electricity produced in nuclear power plants was 1.83 cents per kilowatt-hour, the lowest of any form of generation.

Harry Keiser, chief nuclear officer of PSEG and president of PSEG Nuclear, was pleased with the short duration of the Hope Creek refueling outage, but said the "real indicator" of the company's nuclear operations "is our stellar safety performance." He said that performance should "reinforce to the local community that nuclear safety and the health and safety of the public remains our top priority."

The high capacity factor of the nuclear power industry is the result of carefully planned refueling outages, during which much of a plant's maintenance is accomplished, according to Gregg Overbeck, senior vice president of nuclear operations for APS, which operates Palo Verde. "Our steady, consistent operations between refueling outages depend on executing large amounts of quality work during very aggressive refueling schedules," he said.

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