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

FERC Reports 2000/2001 Blackouts Were Unavoidable

LCG, March 28, 2002The Federal Energy Regulatory Commission reported that Californias electricity industry could not have provided enough energy to prevent blackouts during the energy crisis.

Wednesday, FERC released the report along with a second, larger document addressing market manipulation.

The report showed "no evidence that any of the generators withheld any material amounts of available power during the hours of the firm service interruptions."

Withholding capacity was only one of a stream of allegations aimed at power plant owners after Enrons "smoking gun" memos were found last year.

The California Public Utilities Commission made a filing with FERC more than seven months ago, alleging six companies withheld electricity capacity and therefore contributed to blackouts. CPUCs report was based on data from the California Independent System Operator (ISO), a not-for-profit grid manager responsible for reliability. These six companies were AES Corporation, Duke Energy Inc., Dynegy Inc., Mirant Corp., Williams Cos., and Reliant Resources Inc.

The ISO asserted that data used to compile the CPUC report may have been inaccurate or incorrectly interpreted but does believe that either physical or fiscal withholdings may have contributed to elevated electricity prices.

FERC has essentially closed the issue of withheld capacity leading to blackouts but has not stated its position on whether or not withholdings affected the price of wholesale electricity.

The full report can be found online at

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