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

Finnish Nuke Moving Ahead

LCG, March 20, 2002-While the rest of Europe seems to be abandoning nuclear energy, Finland approved its fifth nuclear plant.

The parliament has yet to sanction the new plant, but the Finnish government voted 10 to 6 to build it. The public is split roughly in half, with 48 percent approving and 45 percent opposing the plant.

Finland has been under pressure to expand its energy production since 72 percent of its energy is imported.

According to Finland's Minister for Trade and Industry Sinikka Monkare, building a nuclear plant would be the most cost-effective solution and would help the country comply with the Kyoto protocol by limiting emissions.

The Finnish company TVO bid for the nuclear plant, and if the parliament approves, then TVO will have 5 years to file an application for construction.

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