Xcel Energy, EVRAZ North America and Lightsource BP Announce 250-MW Solar Project in Colorado

LCG, October 1, 2019--Xcel Energy, EVRAZ North America and Lightsource BP announced Friday that they have reached a long-term agreement to develop a 240-MW solar facility in Colorado. Lightsource BP will finance, build, own and operate the Bighorn Solar project and sell all the electricity it generates to Xcel Energy under a long-term power purchase agreement (PPA). The project will be built on EVRAZ Rocky Mountain Steel property in Pueblo, making it the largest on-site solar facility dedicated to a single customer in the country.

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Duke Energy Plans to Pursue Second Nuclear Operating License Renewals for Nuclear Fleet

LCG, September 20, 2019--Duke Energy announced yesterday that it will seek to renew the operating licenses of the 11 reactors it operates at six nuclear stations in the Carolinas for an additional 20 years. The company plans to submit the license renewal application for Oconee Nuclear Station in 2021, followed by its other nuclear stations.

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Industry News

California Delays Electricity Regulation Votes Again

LCG, March 7, 2002- California state power regulators postponed decisions on two energy regulation proposals yesterday.

The California Public Utilities Commission's Commissioner Carl Wood's proposal prohibits energy customers from renewing contracts, possibly forcing energy sellers out of California. A less extreme plan is that of Commissioner Jeff Brown's, which employs an "exit fee," enabling outside contracts to continue while charging a fee which would go to relieve some of the state's debt due to power purchases.

While many of the over 80,000 Californian businesses who opted to buy electricity from competitors saved a lot of money, consumers and some lawmakers insist businesses should buy electricity from the state so that residential and small business customers do not have to put up with higher energy prices. Others who support consumer choice applaud Brown's plan.

Wednesday's vote has been delayed until March 21st.

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