Tokyo-based Electric Power Subsidiary partners with AP Solar in 400 MW Texas Solar Project

LCG, August 6, 2020—J-Power USA Development Co, a subsidiary of the Electric Power Development Co. headquartered in Tokyo, has joined a joint venture to develop a 400 MW Texas solar project.

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Texas Solar Project Sold to CIP

LCG, July 31, 2020—An affiliate of Copenhagen Infrastructure Partners has completed purchase of a 350 MW solar photovoltaic project near the Houston metro area from Solar Plus Development Inc. and Avondale Solar.

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Industry News

Federal Court Supports Deregulation of Gas-Pipeline

LCG, April 8, 2002-On Friday the United States Court of Appeals upheld the deregulation of the U.S. natural-gas pipeline.

In February of 2000, FERC, the Federal Energy Regulatory Commission paused the regulation of prices for capacity allocations shorter than one year. The two and a half year trial deregulation was alleged by some Californian officials and gas customers to have led to California's increased natural gas and electricity prices last year and in 2000.

The three-panel court ruled that FERC acted responsibly in issuing its 2000 order (637) and found that the "brief spikes in moments of extreme exigency are completely consistent with competition, reflecting scarcity rather than monopoly," as written in the court opinion.

Four pipeline companies had also filed claims insisting that the FERC order did not deregulate enough, limiting prices, but the Court of Appeals ruled against them as well.

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