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FERC and NERC Issue Joint Report on System Performance During the January 2025 Arctic Weather

LCG, April 17, 2025--The Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corporation (NERC), and its Regional Entities today issued a joint staff report concluding that the nation’s Bulk-Power System (BPS) "performed well during successive cold weather events in January 2025, without major issues in either the natural gas or electric systems."

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Matrix Renewables Announces the Commissioning of Pleasant Valley Solar 1

LCG, April 15, 2025--Matrix Renewables announced today the successful commissioning of the Pleasant Valley Solar 1 power generation facility in Ada County, Idaho. The 200-MWac solar facility includes a Power Purchase Agreement (PPA) that was secured through negotiation with Meta and Idaho Power. Matrix Renewables states the facility is the largest operational solar facility in Idaho Power's system. Sundt Renewables, the Engineering, Procurement, and Construction (EPC) services provider, completed construction of the project on March 2nd.

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Industry News

New England Firm Plans 420 Megawatt Wind Farm

LCG, Oct. 31, 2001--Boston-based green electricity company Energy Management Inc. has announced plans to develop a 420 megawatt (nameplate capacity) wind farm off the coast of Massachusetts in Nantucket Sound.

The company said it expects to get an optimistic 34 percent operating factor out of the Cape Wind Associates project, which, if achieved, means the wind farm would be the equivalent of a 140 megawatt power plant.

According to Cape Wind President Jim Gordon, the wind farm will consist of about 150 pylon-mounted turbines on a 24-square-mile shoal in Nantucket Sound, a density of 6.25 turbines per square mile, which is fewer that the 9 per square mile many consider best for maximum generation.

The company explained that the towers would be kept a half-mile apart so as not to affect navigation by fishing and pleasure boats.

Gordon said the wind farm would save New England electricity customers tens of millions of dollars a year because "Once the turbines are built, the wind is free."

Mike Worms, a New York energy analyst, disagreed. "I don't think wind power is cheap by any stretch," he said. "If it weren't for federal subsidies, it probably wouldn't even be a viable option."

Worms was referring to a federal production tax credit that pays wind farm operators 1.7 cents per kilowatt-hour of power actually produced. That subsidy kicks in when a turbine first starts putting power on the grid and runs for 10 years, but the program is due to expire at the end of this year.

Without the tax credit, wind power would cost about 6 cents per kilowatt-hour, compared to 1.83 cents for nuclear power, 2 cents for electricity produced in coal-fired plants and 3 cents for power from gas-fueled power plants.

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