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

EdF Eyes UK's Seeboard

LCG, Nov. 20, 2001--Electricit de France, fresh from its successful acquisition of a British electric distribution company and a large English power plant from TXU Europe, is said to be interested in purchasing Seeboard, the south-east of England regional electricity company.

EdF already owns London Electricity and the retail business of Sweb, England's southwestern regional electric company. Yesterday the French state-run monopoly announced the purchase of Eastern Energy, Britain's largest electric distribution company, from TXU.

American Electric Power Co. of the U.S. is expected to put Seeboard on the market next year, and Bruno Lescoeur, chief executive of London Electricity, says EdF is interested. "We would definitely be interested in Seeboard if it becomes available," he said.

EdF is Europe's largest electric company and is getting bigger. The acquisition of Seeboard, with London Electricity, Sweb and Eastern Energy already in hand, it would control most of the English power market south of the industrial midlands.

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