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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

New England and New York ISO's Want Common RTO

LCG, Jan. 29, 2002--The two independent system operators serving the power markets of the northeastern states will begin to consider the design of a single regional transmission organization (RTO) that encompasses both of their adjacent territories, they announced today.

According to an agreement announced by ISO New England Inc. (ISO-NE) and the New York Independent System Operator (NYISO), a unified Northeast Regional Transmission Organization (NERTO) can support reliability and more extensive market competition. The process of developing the RTO could help to satisfy the Federal Energy Regulatory Commission's order that transmission organizations submit plans for RTO design and implementation.

The president and CEO of ISO-NE, Gordon van Welie, said "we both have strong, existing infrastructure, complementary sources of generation, similarly advanced stages of restructuring and generation divestiture, and a greater level of competition than other regions. We have been working closely together on standardizing the market for almost a year, and this agreement represents another significant step forward."

The not-for-profit corporations will seek input from market participants and state regulators. Among the issues to be discussed will be transmission bottlenecks around Greater Boston, New York City, and southwestern Connecticut. The market to be created will continue to have strong ties to the Canadian market to the north. NYISO's president and CEO William J. Museler said, "we see a lot of synergies between the two ISO's and Canada."

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