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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

FERC Bars Data Sharing Between Cal-ISO, Water Agency

LCG, Nov. 21, 2001--The Federal Energy Regulatory Commission yesterday ordered the California Independent System Operator to stop giving preference to power bought from the state Department of Water Resources and to quit giving the water agency energy traders advance notice of the grid's electricity needs.

Power producers Mirant Corp. and Reliant Energy Inc. had complained to FERC that Cal-ISO was giving the state's energy traders preferential treatment by giving them access to information not available to other market participants. They also said Cal-ISO had purchased power from the CDWR at high prices when cheaper electricity was available.

FERC denied the companies' request for a formal investigation of Cal-ISO's relationship with the CDWR.

The ISO said it would comply with the FERC order, one way or the other. One way would be to share information with everyone -- the other would be to keep everyone in the dark about its power needs.

Reliant spokesman Richard Wheatley applauded FERC's action, saying it upheld the energy companies' complaints that "preferential treatment of certain market participants are not allowed."

Patrick Dorinson, a spokesman for Mirant, said his company was "pleased that FERC has clearly stated that DWR is a market participant and must follow the rules as we're all required to. In order to ensure a properly functioning market, we all have to be treated fairly."

The water agency didn't think it was being treated fairly. Spokesman Oscar Hidalgo said "The market rules seem to benefit the seller. I'm sure the rules didn't anticipate having a public agency as a participant. There was certainly no anticipation for a utility (Pacific Gas & Electric Co.) going under."
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