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

U.S. Senate Votes NERC over FERC

LCG, March 15, 2002-Yesterday the U.S Senate voted to yield authority over blackouts and other electricity grid disruptions to regional officials, not federal regulators.

The Senate voted between two amendments regarding energy regulation, resulting in a plan that allows reliability enforcement to remain in the hands of the North American Electric Reliability Council (NERC), which is divided into ten regional councils.

The amendment, presented by Wyoming Senator Craig Thomas (Rep), requires utilities to follow rules created by NERC rather than by the Federal Energy Regulatory Commission (FERC).

Democrat and Senate Energy Committee Chairman Jeff Bingaman had offered a plan which gave FERC primary power in certain capacities. Northeast transmission-grid operators and many in industry supported the Democratic plan and voiced concerns that the alternative plan would lead to too much red tape.

Republican senators, as well as public utility commissioners, rejected the idea of Federal authority, saying that the plan would not allow the states enough freedom to attend to energy issues effectively.

Whether or not the measure will become law has yet to be determined.

The senate also discussed how much renewable energy should be required in total energy production; plans vary from deleting all mention of renewables to requiring 20 percent by 2020.

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