EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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

McCain and Lieberman Back Greenhouse Gas Caps

LCG, Jan. 8, 2003--Today marks the beginning of hearings before the Senate Commerce Committee concerning a proposed national cap-and-trade program for pollutants such as carbon dioxide and other "greenhouse" gases, promoted by committee chairman John McCain and Joseph Lieberman, a likely Democratic presidential candidate.

President Bush, who said during his presidential campaign that he would seek reductions in emissions of carbon dioxide from power plants, but withdrew his support for such regulation once in office, would almost certainly continue to oppose the new proposal, on the grounds that it would send power prices up by causing greater reliance on natural gas, and less on coal.

McCain, who opposed Bush in the 2000 presidential election, would like to see an emissions trading program that would allow companies to buy and sell emissions allowances, the creation of which would decline over time. "We need to have a proposal out there that would start to generate some movement on this issue," McCain told the New York Times. "Other countries have done this, and there are states and U.S. companies that are moving forward," he said.

Many power plant owners, according to representatives, believe that regulation is likely to remain confined to sulfur dioxide, nitrogen oxides and mercury, which are not considered greenhouse gases. Scientists believe that carbon dioxide, methane, and other gases that are addressed in the McCain-Lieberman bill trap heat in the atmosphere. If emissions trading programs expand "under any of the multipollutant scenarios," as Dale Heydlauff of American Electric Power put it, coal-fired power plants would become less competitive. Joe Nipper, with the American Public Power Association, said that upgrading power plants once they have been built can pose heavy costs that their owners would rather not be surprised by due to emerging legislation. "We need certainty. It's the nature of our business," he said.

Fred Krupp, president of the Environmental Defense Fund, an envirnmental group, said any utility would be wise to account for the possibility of emissions trading in the four major pollutants. Although utilities disagree on the pollutants they would like included under or excluded from trading programs, based in part on their generation portfolios, input would likely also come from the transportation and other non-electric industries, which are covered by the McCain-Lieberman bill.
Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service