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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

New IGCC Project Proposed in Idaho

LCG, March 11, 2005--Southeast Idaho Energy LLC is exploring the development of a new, 520-MW, coal-fired power station in Power County, Idaho. On March 9, Southeast Idaho Energy LLC formally outlined its plans at the Power County Courthouse to build a new, integrated gasification combined cycle plant. Those present included Idaho Governor Dirk Kempthorne, who is supportive of the project and the expected positive impact on the economy.

The proposed plant location, just west of Pocatello, is an industrial site that was formerly used as a phosphorus plant by FMC. Southeast Idaho Energy LLC has signed a letter of intent with Power County to begin the preliminary development, and FMC has signed a letter of intent to contribute 120 acres to the County for the project. The estimated cost of the advanced coal plant is $850 million.

The integrated gasification combined cycle (IGCC) plant design generally is expected to result in higher initial capital costs than more traditional coal or gas-fired power plants. However, these capital costs are expected to be offset over the long term by the improved efficiency, reduced emissions and relatively low fuel cost.

Other IGCC project proposals are surfacing across the country. Tondu Corp. is discussing with local officials the development of a new, 500-MW, IGCC power station in St. Joseph County, Indiana. Florida Power & Light is evaluating the development of an 850-MW, IGCC plant in St. Lucie County, Florida. Lastly, with a $38 million grant from the Department of Energy, Excelsior Energy, Inc. and ConocoPhillips are developing a new, 531-MW, IGCC plant to be located near Hoyt Lakes, Minnesota.

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