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

Tentative Agreement Reached to Restart Bruce Power Nuclear Units

LCG, March 22, 2005--The Ontario Energy Minister announced yesterday that a tentative agreement has been reached with Bruce Power to restart Units 1 and 2 at the Bruce A nuclear generating station in Kincardine. The agreement has been approved in principle by the boards of directors of the major partners of Bruce Power and is now under review by the Ontario government. The government had issued a Request for Proposals (RFP) in June 2004 for 2,500 MW of new generation and/or conservation in Ontario.

The two nuclear units commenced operations in 1977 and were shut down in 1995 and 1997 by the prior owner, Ontario Power Generation (OPG). The current owner, Bruce Power, is a partnership among Cameco Corporation (31.6%), Transcanada Corporation (31.6%), BPC Generation Infrastructure Trust (31.6%), the Power Workers Union (4%) and the Society of Energy Professionals (1.2%). Bruce Power leases the Bruce A and B nuclear generating stations from OPG under a long-term agreement. Bruce Power previously restarted Units 3 and 4 at Bruce A in the fourth quarter of 2003, following a facility review and related modifications. Each of the four units at Bruce A have a capacity of approximately 750 MW.

The reactivation of Units 1 and 2 will act to somewhat compensate for the provincial government's planned closure of 7,600 MW of coal-fired, power generating capacity by 2008 in order to reduce air emissions. The first coal-fired station to be shutdown will be the Lakeview Generating Station, which is scheduled to occur by the end of April. The Lakeview station is located on the shores of Lake Ontario, about 15 miles southwest of Toronto. Prior to the shutdown of the 1,140-MW power station, Hydro One is to complete electric transmission system upgrades that allow for greater use of other power sources in place of the Lakeview Station. Both OPC and Hydro One are owned by the Province of Ontario.

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