New York Poised to Close Last Coal-fire Power Plant

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.

Read more

Construction Commences on Enel’s Aurora Wind Farm in North Dakota

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.

Read more

Industry News

Williams Keeps License and Will Sign New CA Contract

LCG, July 29, 2002-The Federal Energy Regulatory Commission decided not to revoke Williams Cos.'s power trading license, and California expects to rewrite a long-term contract with the company.

State officials had asked FERC to order the renegotiation of Williams' long-term contracts signed during the power crisis, when electricity prices were unreasonably high, and officials have also asked for a $9 billion refund from the company.

Williams is expected to sign an agreement addressing California's litigation and claims against Williams.

The state will not comment on the agreement until it has been signed.

On Friday, FERC decided not to revoke the energy company's electricity trading license. Earlier the license was threatened because FERC said that Williams did not completely address an order to make available trading information regarding electricity trades during the California crisis.

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