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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

Washington Okays Avista Cost Recovery Plan

LCG, May 25, 2001--The Washington Utilities and Transportation Commission has approved an unopposed settlement agreement reached last month between Avista Corp., the staff of the WUTC, the Public Counsel Section of the Washington Attorney General's Office and the Industrial Customers of Northwest Utilities.

Under the agreement, Avista will be able to extend to February 2003 a deferred accounting method that will allow it to weather a period of power shortages without increasing rates to its customers, the company said this morning.

Avista said it expects to be in a surplus power position next year and the revenues from surplus power sales are expected to offset power costs the company has been incurring since July of last year. The company said it anticipates reducing the power-cost deferral balance to zero by the end of February 2003.

In its order, the commission said "Our approval of the Settlement Stipulation offers significant potential that Avista will not seek any increase in rates to its customers related to power supply costs despite the volatility of wholesale power markets in our region during recent periods."

Gary G. Ely, Avista's chief executive, said his company has "worked extremely hard to shield our customers from the substantial electric rate increases that others throughout the region are already experiencing."

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