FERC Accepts Application for 2,200-MW Navajo Energy Storage Station

LCG, January 24, 2020--Daybreak Power Inc. recently announced that the Federal Energy Regulatory Commission (FERC) has accepted the company's application for a preliminary permit for its proposed 2,200-MW Navajo Energy Storage Station (NESS). Achieving this milestone is an important, early step towards approving the project, which is estimated to cost $3.6 billion. The pumped storage hydro system would be located at the U.S. Bureau of Reclamation's (Reclamation) Lake Powell Reservoir on the Colorado River in Arizona.

Read more

NRC Issues Early Site Permit to Tennessee Valley Authority for SMRs at Clinch River Site

LCG, December 27, 2019--The Nuclear Regulatory Commission (NRC) announced on December 17 that the Commission has authorized the issuance of an Early Site Permit (ESP) for Tennessee Valley Authority's (TVA's) Clinch River site near Oak Ridge, Tennessee. The ESP closes several site-related issues, including many environmental impacts, for small modular reactors (SMRs) at the site. The ESP is the first issued by the NRC for SMRs and will be valid for up to 20 years from date of issuance.

Read more

Industry News

BP and India’s Tata to Buy 2,184 MW Enron Plant

LCG, July 17, 2003BP Global Investments and Tata Power Company may form a joint venture to purchase the Dabhol Power Company in Indias Maharashtra province.

The 2,148 megawatt Dabhol Power Plant has been idle and mired in controversy for two years. U.S.-based Enron insists that the Maharashtra State Electricity Board fell behind in $240 million worth of payments and that the Indian government failed to honor a counter-guarantee. The plant was subsequently shut down in May 2001.

The 740-megawatt, naptha-fired phase of the plant came on line in May 1999. The 1,444-megawatt, liquefied natural gas-fired second phase was scheduled to begin operations in 2001 but was never quite completed.

Enron currently owns a 65 percent stake in the $3 billion company, and Tata Power and BP Global are looking to purchase a 26 percent stake each from Enron.

General Electric (GE), Bechtel, and the Gas Authority of India, Ltd. (GAIL) each own a 10 percent stake. According to Tata Powers vice president for Strategy and Business Development Mohan Guranath, his company has discussed including GAIL, Bechtel, and GE in the joint venture. As yet, only GAIL has expressed interest.

BP Global and Tata Power are likely to present a rehabilitation plan to Dabhols largest creditor, the Industrial Development Bank of India.
According to Indian Express Newspapers, in April Tata Power and BP Global unsuccessfully offered to buy up 85 percent of the company.

Tata Power is a subsidiary of Mumbai-based Tata Power Limited, itself part of the enormous Tata family of companies.

Copyright © 2020 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