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

Russia will Finish Iranian Reactor

LCG, March 27, 2002-Russian Nuclear officals announce that Russia will complete an Iranian nuclear plant.

The U.S. government has repeatedly advised Russia to discontinue the project because it fears that nuclear power will give the Iranians an opportunity to develop nuclear weapons. However, the Russians have decided to go through with their 1995 contract and plan to complete the plant by 2005.

Russian Nuclear Energy Minister Alexander Rumyantsev insists there is no danger of nuclear weapons development because the plant will be inspected by the International Atomic Energy Agency and the technology involved could only be used in energy production.

He added that new laws passed last year permitted spent fuel to return to Russia. Nuclear fuel would also be provided to the Bushehr plant by Russia.

Russia recently reestablished nuclear fuel sales to the U.S. and has talked with North Korea regarding nuclear plant development.

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