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.

Read more

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.

Read more

Industry News

500 Megawatt NorCal Power Plant Moves Ahead

LCG, Nov. 26, 2001--Plans to build a 500 megawatt power plant in the town of Burney, a small community in northernmost California, took on new life last week when Shasta County agreed to provide building inspectors to oversee the project, the Redding (Calif.) Record Searchlight reported Saturday.

The county signed a contract with New Jersey-based Covanta Energy Corp. to provide at least one full-time inspector for up to two years, Resource Management Director Russ Mull told the paper.

"It's a busy, busy thing -- you're running from one thing to the next verifying that they're doing it up to code," Mull said. "It's such a big project that they'll be running all day long."

The plant was proposed in 1998 and has been granted a license by the California Energy Commission, but little has been heard of the project in recent months. Last week's action by Shasta County is evidence that it has not been forgotten.

Covanta officials said site preparation will begin in early spring and commercial operation could begin by the end of 2003 or early 2004.

"We're working with the CEC on an ongoing basis to ... get permission to start construction," Mike Neal, Covanta's construction manager in Redding, told the Record Searchlight. "We're champing at the bit. We're ready to get going."

The plant is subject to the energy commission's building codes and not local codes, but the panel is allowed to sign an agreement with local agencies to oversee the project, hence the agreement with Shasta County, Mull said.

During construction, about 200 skilled workers will work on the plant. When it is completed, the plant will employ 20 to 25 workers, have an annual payroll of about $1 million and generate about $1 million a year in tax revenues, company officials said.

Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service