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

EU Energy Plan Opens Market

LCG, March 18, 2002-After France conceded, the European Union came to the decision to open energy markets.

Over the past weeks France has been avoiding giving in to pressure from the rest of the EU regarding creating a free market to replace its state-run energy industry. However, France conceded this past Saturday at the EU summit, and European energy markets will be opened to competition.

Officials from pre-election France were hesitant to take up free-market initiatives and were not convinced that competitive markets would improve service. The EU has planned to make decisions sometime this year regarding how governments will protect non-commercial energy supply to the public, an issue France has insisted be addressed.

The EU will allow private gas and electricity companies to operate freely within the 15 participating nations beginning in 2004.

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