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News
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LCG, December 4, 2019--The last operating coal-fired power plant in New York is moving toward closure shortly. Last month, Somerset Operating Company, a subsidiary of Riesling Power LLC, submitted a request to the New York State Public Service Commission (NYSPSC) to waive the state's required, 180-day notice to close the Somerset Station, allowing the facility to be retired on February 15, 2020. Closure is contingent on approvals by both NYSPSC and the New York Independent System Operator (NYISO), which will evaluate if it will cause an adverse effect on grid reliability.
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Enel Green Power North America, Inc. (“EGPNA”), the US renewable energy company of the Enel Group, has started construction of the 299-MW Aurora Wind Farm in North Dakota.
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Industry News
Water Authority Agrees on Buyout Offer for Nevada Power
LCG, July 19, 2002--A meeting of the Southern Nevada Water Authority board resulted yesterday in a unanimous vote to tender an offer for Nevada Power Co., under the holding company Sierra Pacific Resources.The water authority is affiliated with the Las Vegas Valley Water District, and provides municipal governments with water. It has been in discussions with Morgan Stanley, the investment bank, concerning underwriting of a buyout. The organization's general manager, Pat Mulroy, drew attention to Long Island, N.Y., which undertook a buyout of an investor-owned utility, resulting in the Long Island Power Authority.According to Mulroy, the risk to ratepayers if Nevada Power is not bought out is in the form of higher rates, as the power company tries to improve its credit rating and overcome a poor cash situation. She said that with a buyout, rates would not have to rise.The mayor of Las Vegas, Oscar Goodman, raised the issue of a loss of property taxes and franchise fees, now at about $26 million. Lyle Miller, managing director of Morgan Stanley, responded that under such situations, a utility often makes payments in lieu of taxes. A North Las Vegas City Council member, Shari Buck, described herself as a "cautious supporter" of the possibility being raised, and said her interactions with Nevada Power have been "very very positive."
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Generator X
Generation and Transmission Planning and Optimization
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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PowerMax
Day-ahead and real-time portfolio revenue optimization
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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