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Missouri PSC Approves Grain Belt Express HVDC Transmission Project

LCG, March 22, 2019--The Missouri Public Service Commission (PSC) approved a request filed by Grain Belt Express Clean Line LLC for a certificate of convenience and necessity (CCN) to construct, own, operate, control, manage and maintain a high-voltage, direct-current (HVDC) transmission line to move power east from wind farms in western Kansas to load centers in Missouri, Illinois and Indiana.

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FPL Targets 1,490 MW of Solar Capacity for New Community Solar Program

LCG, March 15, 2019--Florida Power & Light Company (FPL) Wednesday filed a proposal with the Florida Public Service Commission (PSC) for a new community solar program, FPL SolarTogether. Pending PSC approval, FPL plans to install 1,490-MW of capacity at 20 new solar power plants across FPL's service territory to meet anticipated customer enrollment in the program.

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Industry News

Assessments of Possible Carbon Restriction Impacts Promised by AEP, Cinergy

LCG, Feb. 19, 2004--Two major electric power producers with significant coal generation assets have announced that they will produce reports on planned steps to address global warming concerns, and will likely outline what they see as massive costs associated with such efforts.

In exchange for the promises for such disclosures by American Electric Power Co. (AEP) and Cinergy Corp., shareholder groups that had been prepared to submit resolutions to force such analyses have backed away from those initiatives. In the case of Cinergy, it will undertake its assessment with Mission Responsibility Through Investment Committee of the Presbyterian Church (USA), which had taken part in preparing a resolution. Cinergy and AEP have already pledged themselves to emission reduction targets with respect to a range of "greenhouse gases."

The shareholder groups are hoping that the reports (AEP plans to issue its findings in September 2004) will address operational objectives, possible competitive effects, and social pressures. A previous resolution undertaken at AEP that would have required the company to disclose its financial risk due to emissions-related legislation received just below 27% of votes cast in favor.
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