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.

Read more

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.

Read more

Industry News

FERC Rules to Preserve Charges Between Transmission Systems

LCG, April 1, 2003The Federal Energy Regulatory Commission decided grid operators can charge fees to transfer electricity from one operators transmission lines to another through their own.

The case surfaced as PJM Interconnection and Midwest Independent System Operator applied to join their respective service territories. Midwest ISO serves some Southern States as well as several Midwest states including parts of Illinois, Indiana, Iowa, Kentucky, Maryland, Michigan, Minnesota, Ohio, and Wisconsin. PJM serves mid-Atlantic states.

While some utilities have claimed that such "through-and-out" charges are unfair and hamper competition, FERC ruled that the two transmission operators will be allowed to continue charging fees to send electricity through their transmission lines from another operators lines.

FERC Judge Herbert Grossman made the ruling yesterday, although FERC commissioners can revise Grossmans ruling. The judge also noted that if FERC throws out such fees, a new fee should be instated in such a way as to not allow utilities to shift costs to ratepayers.

Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service