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.

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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.

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Industry News

Williams Settles Many Claims in Western States

LCG, January 2, 2003-Williams Cos. has settled most of the lawsuits filed against it by California.

Many lawsuits were filed against energy generating companies like Williams after California's energy crisis in 2000/2001 forced the state's utilities into expensive long-term power contracts.

As part of the settlement, Williams will be free of California's claims regarding possible overpriced electricity. Some private class-action plaintiffs have also consented to the settlement.

California, in exchange, will see a reduction in its $4.3 billion energy deal with Williams. Williams will pay $150 million over eight years in addition to yielding some energy assets to California. Six generators, worth about $90 million, will go to the state.

Williams will also supply more electricity to California through 2001.

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