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

Government of Canada Bolsters Wind Development

LCG, February 25, 2005--The Government of Canada announced in yesterday's federal budget that it will increase the federal Wind Power Production Incentive (WPPI) from 1,000 MW to a new target of 4,000 MW.

With the WPPI program, wind generators receive a payment of 1 cent per kWh for power produced over a ten-year period. In the 2001 federal budget, funds were provided tosupport the development of 1,000 MW of wind energy through 2007; however, it is expected that these funds will be consumed in 2005.

The installed wind generating capacity at the end of 2004 in Canada was nearly 450 MW, with another 2.000 MW either selected under Provincial Government proposals or already under construction.

Canada is in need of new supplies of electricity, especially given efforts to shutdown coal plants to reduce pollutants and greenhouse gases. Last year, the Ontario Energy Minister made commitments to close 7,600 MW of coal-fired power plants prior to 2008, with the first planned station shutdown of the 1,150 MW Lakeview Station in April of 2005.

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