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News
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LCG, July 25, 2017--AES Alamitos, a subsidiary of The AES Corporation (AES), broke ground Friday on the new Alamitos Energy Center (AEC), located in Long Beach, California. The facilities include a nominal 640-MW, natural gas-fired, combined cycle power block; four, natural gas-fired,100-MW, simple cycle units; plus a 100-MW battery energy storage system. The new facilities will be installed on approximately 21 acres of the existing 71-acre site, where the existing gas-fired, 1950s-era Alamitos Generating Station Units 1-6 currently provide a net generating capacity of 1,950 MW.
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LCG, July 21, 2017--The San Diego County Water Authority Tuesday issued a Request for Proposals (RFP) for a potential joint energy storage project with the City of San Diego that would expand use of existing hydroelectric infrastructure at San Vicente Reservoir. The project could potentially dampen water rate increases and provide greater opportunities for renewable energy development in the area.
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Industry News
Rocky Mountain Power Pursues Regulatory Approval for $3.5 Billion Wind and Transmission Investment
LCG, July 3, 2017--The Rocky Mountain Power submitted filings last week in Wyoming, Utah and Idaho requesting state regulators to approve a plan to significantly expand the amount of wind power serving customers by 2020. The plan is part of the company's Energy Vision 2020 initiative.
Rocky Mountain Power's Energy Vision 2020 initiative is designed to: (i) upgrade or "repower" the company's existing wind fleet with longer blades and newer technology, (ii) add approximately 1,100 MW of new wind capacity, and (iii) build a new 140-mile Gateway West transmission. Most of the new investments will be in Wyoming.
Rocky Mountain Power President and CEO stated, "We are very excited to begin the stakeholder review process for these projects that will significantly increase the renewable energy that serves all our customers. These investments will provide significant long-term benefits to our customers and bring substantial economic benefits to rural communities where the facilities will be located."
Rocky Mountain Power first announced the wind and transmission investments in April as part of its broader long-term energy plan. Additional filings and regulatory approvals will be necessary.
The Energy Vision 2020 projects, which comprise an investment of $3.5 billion, were chosen by the company as the most cost-effective option to meet customers' energy needs over the next 20 years. By moving to complete the projects by 2020, the company states that it will be able to use federal production tax credits to provide a net cost savings to customers over the life of the projects.
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