New York Announces 1,700 MW of New Offshore Wind Projects and 70 Percent Renewables Requirement by 2030

LCG, July 22, 2019--The Governor of New York announced last Thursday that the State has executed the nation's largest offshore wind agreement - totaling approximately 1,700 MW - in U.S. history. The Governor also signed the Climate Leadership and Community Protection Act (CLCPA), which includes a mandates of 9,000 MW of offshore wind by 2035, 70 percent renewable energy by 2030, plus a Zero-Carbon Emission Electric Sector by 2040.

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Georgia PSC Approves Georgia Power's 2019 IRP

LCG, July 18, 2019--The Georgia Public Service Commission (PSC) has unanimously approved Southern Company subsidiary Georgia Power's 2019 Integrated Resource Plan (IRP), which was submitted in late January.

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Industry News

Bruce Power Nuclear Units Near Restart This Month

LCG, Apr. 4, 2003--Regulators stated today that Bruce Power's nuclear generating units 3 and 4 at the Bruce A plant in Ontario may start operations this month after having been taken offline in 1998.

"Today's decision gives additional impetus to our program to rtestart the first Bruce A reactor before the end of April so it can provide electricity to the Ontario grid well in advance of the summer peak," said Duncan Hawthorne, president and chief executive of Bruce Power, in a statement. Regulators allowed the Ontario-based plant to begin refueling the units beginning in January, in time for an April start-up.

The ability of Bruce Power to maintain and prepare the units was briefly threatened in the fall of 2002 due to liquidity problems within British Energy, then a major shareholder. Now, Bruce Power is part of a joint venture between Cameco Corp., a miner of uranium, TransCanada Pipelines, and a trust that is part of the Ontario Municipal Employees Retirement System. Starting the units is seen by the Independent Electricity Market Operator as a positive development for reliability, and should mean that it will not have to purchase expensive imports during the summer as it did last year.
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