New York Poised to Close Last Coal-fire Power Plant

LCG, December 4, 2019--The last operating coal-fired power plant in New York is moving toward closure shortly. Last month, Somerset Operating Company, a subsidiary of Riesling Power LLC, submitted a request to the New York State Public Service Commission (NYSPSC) to waive the state's required, 180-day notice to close the Somerset Station, allowing the facility to be retired on February 15, 2020. Closure is contingent on approvals by both NYSPSC and the New York Independent System Operator (NYISO), which will evaluate if it will cause an adverse effect on grid reliability.

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Construction Commences on Enel’s Aurora Wind Farm in North Dakota

Enel Green Power North America, Inc. (“EGPNA”), the US renewable energy company of the Enel Group, has started construction of the 299-MW Aurora Wind Farm in North Dakota.

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Industry News

TXU's Plans to Build Nuclear Reactors Gains Momentum

LCG, March 15, 2007--Mitsubishi Heavy Industries Ltd. announced yesterday that it has received an order for two nuclear reactors from TXU Corp. TXU notified the U.S. Nuclear Regulatory Commission (NRC) of the selection late last week. Mitsubishi plans to submit its application to receive the reactor design certification from the NRC by the end of 2007.

The order is for two US-APWRs, Mitsubishi's new pressurized water reactor. The generating capacity of each reactor is 1,700 MW. The new reactors, targeted to be built near Dallas, are scheduled to commence commercial operations between 2015 and 2020.

TXU announced in late February that it had executed an agreement to be acquired for $32 billion by private equity firms led by Kohlberg Kravis Roberts & Co. and Texas Pacific Group.

Last September TXU announced its plan to file applications with the NRC for combined Construction and Operating Licenses (COLs) for one to three sites, with a combined electric generating capacity of up to 6 GW. TXU expected to submit the applications in 2008.

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