AEP reaches settlement with Sierra Club, Public Citizen on Texas coal plant's emissions
American Electric Power has reached a settlement with the Sierra Club and Public Citizen that officially ends a three-year court battle over alleged air pollution violations at
Publication Date: JUN 2008
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AMP Ohio sells bonds for 368-MW stake in 1,600-MW Prairie State coal project
American Municipal Power-Ohio last week sold long-term, fixed-rate bonds for its 368-MW equity stake in Peabody Energy's 1,600-MW Prairie State coal-fired plant under construction near Lively Grove
Publication Date: JUN 2008
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Barclays: effect of Midwest floods on coal will push off-peak power prices higher
Flooding in the Midwest has halted coal deliveries to utilities, possibly leading to an increase in off-peak power prices in the Midwest Independent Transmission System Operator, the
Publication Date: JUN 2008
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Barrick Gold expands its plans for a wind farm in northern Chile
Barrick Gold, the world's largest gold producer, said it has expanded its planned wind farm at Punta Colorada in northern Chile.
Publication Date: JUN 2008
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California Energy Commission rejects plan by Tierra Energy for 115-MW peaking plant
A proposed California Energy Commission decision released June 20 rejects Tierra Energy's 115-MW Eastshore Energy Center for certification. If the full commission concurs in its final decision
Publication Date: JUN 2008
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California ISO wins federal approval to create eight sub-regions for services under MRTU
The California Independent System Operator has won federal approval for the creation of eight sub-regions for ancillary services as a part of the grid operator's Market Redesign
Publication Date: JUN 2008
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California assembly committee clears bill that provides standard to assess climate risks
A bill that would require the California controller to establish a standard that companies could use, on a voluntary basis, to help assess and disclose their climate
Publication Date: JUN 2008
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Canadian utilities see solid credit quality, reflecting lower-risk assets, says S&P
Several major utilities in Canada are investing in expanding generation and transmission capacity and other capital projects, but are doing so without sacrificing financial fundamentals, according to
Publication Date: JUN 2008
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Carbon regulation presents vast uncertainties for natural gas as energy source, says consultant
The range of uncertainty for US natural gas demand and price in the coming decades is huge because of the unknown effects of proposed federal carbon regulation,
Publication Date: JUN 2008
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Central America looks to oil alternatives to meet increasing energy demand
As high oil prices threaten their already weak economies, governments throughout Central America are seeking energy alternatives, most of them in the shape of renewable sources, such
Publication Date: JUN 2008
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Conn. regulators select 700 MW of peakers following solicitation allowing utility contracts
Connecticut regulators have selected nearly 700 MW of peaking projects in a solicitation that allowed utilities to vie for contracts and re-enter the generation business in the
Publication Date: JUN 2008
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Connecticut once again challenges FERC on its authority to set capacity markets
The Connecticut Department of Public Utility Control is once again making its case in federal court that the Federal Energy Regulatory Commission has no jurisdiction over setting
Publication Date: JUN 2008
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Correction
A story about the Florida Department of Environmental Protection's review of an order regarding a 750-MW coal-fired plant proposed by Seminole Electric Cooperative mistakenly said that the
Publication Date: JUN 2008
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DOE plans $90 mil award to developers of advanced geothermal energy systems
The Department of Energy plans to award up to $90 million to industry and academia over the next four years for 26 research projects aimed at making
Publication Date: JUN 2008
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DOE seeks CCS technology proposals under its revised FutureGen program
The Department of Energy on June 24 solicited proposals, under its revised FutureGen program, for projects that would install carbon capture and sequestration systems at new advanced
Publication Date: JUN 2008
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Delmarva Power and Bluewater Wind agree on a new PPA for proposed offshore wind farm
Delmarva Power and Bluewater Wind, which is owned by Babcock & Brown, have hammered out a new power purchase agreement for the beleaguered offshore wind farm, but
Publication Date: JUN 2008
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Dominion Virginia Power drops plans for peakers in favor of energy efficiency
Dominion Virginia Power said that an energy conservation plan it unveiled last week would allow the utility to avoid the need for two intermediate and peaking plants
Publication Date: JUN 2008
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Duke Energy Ohio issues solicitation for renewables available from 2009
Duke Energy Ohio on June 20 issued a request for proposals for renewable energy resources available beginning in 2009 to help the utility comply with an Ohio
Publication Date: JUN 2008
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ERCOT needs nodal system to avoid spikes in wholesale power price, says market monitor
A nodal system would have all but eliminated price spikes in May and June in the Texas wholesale electricity market, said Dan Jones, who works for the
Publication Date: JUN 2008
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Endesa makes bid to buy Irish company ESB; vies with four bidders for controlling stake
Spanish company Endesa has made a bid for Ireland's state-owned energy company Electricity Supply Board, an Endesa spokesman said last week.
Publication Date: JUN 2008
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Energias de Portugal obtains approval to operate, buy Portuguese hydro plants
Portugal's competition authority has authorized two previously disclosed Energias de Portugal operations covering various hydroelectric stations, the Portuguese generator said June 19.
Publication Date: JUN 2008
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Energy trader Leach Energy defaults, the fifth to do so in ERCOT since May
Leach Energy Trading has defaulted on payment obligations to the Electric Reliability Council of Texas, the grid operator said on June 20.
Publication Date: JUN 2008
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FERC approves revised rule on open-access transmission
The Federal Energy Regulatory Commission last week approved a revised open-access transmission rule designed to provide more guidance and further clarify its electric transmission policies.
Publication Date: JUN 2008
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FERC outlines 'violation severity levels' for NERC reliability standard violations
The Federal Energy Regulatory Commission last week completed a penalty-setting matrix for violations of mandatory electric reliability standards.
Publication Date: JUN 2008
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FERC's Spitzer is working on a book: 'The Democratization of NIMBY'
Federal Energy Regulatory Commissioner Marc Spitzer says he is working on a book about the "not in my backyard" syndrome, tentatively titled "The Democratization of NIMBY."
Publication Date: JUN 2008
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Financial players argue that Cal ISO demands for FTR affiliate details may be too burdensome
Requiring financial transmission rights market players to keep the California Independent System Operator abreast of every affiliate may be overly burdensome, argues a group of financial institutions
Publication Date: JUN 2008
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Gaz de France reaches deal with EDF to sell indirect stake in Belgian generator SPE
Gaz de France last week reached an agreement with EDF Group for the sale of GDF's equity interest in Segebel, a company owning 51% of the capital
Publication Date: JUN 2008
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General Electric study argues that wind projects generate more in taxes than they cost in credits
The federal production tax credit for wind energy more than pays for itself through tax revenue from a project's income, vendor's profits and workers' wages, according to
Publication Date: JUN 2008
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Greece's metals and energy group
• Greece's metals and energy group Mytilineos Holdings has acquired the Greek wind portfolio of Denmark's Dong Energy, which comprises four wind parks with a combined capacity
Publication Date: JUN 2008
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Hawaiian Electric issues solicitation for up to 100 MW of renewables for Ohau
Hawaiian Electric has issued a final request for proposals for up to 100 MW of long-term renewable energy for the island of Oahu.
Publication Date: JUN 2008
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Idaho Power receives regulator approval for PPA with PPL EnergyPlus for supplies in 2010-11
Idaho Power has received expedited preliminary approval from Idaho regulators for a $19.1 million, two-year power purchase contact with PPL EnergyPlus that would deliver summer peaking power
Publication Date: JUN 2008
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Idea of a greater federal role in siting power lines gains ground in Washington
The idea of increasing the federal role in siting transmission lines may have developed significant enough substance in Washington that even if it does not get far
Publication Date: JUN 2008
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Ill. AG calls on FERC to reopen Midwest Gen case over market manipulation, touting new 'evidence'
Illinois Attorney General Lisa Madigan, saying she has turned up fresh information that suggests Midwest Generation has engaged in questionable wholesale power bidding practices, wants the Federal
Publication Date: JUN 2008
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India's GMR plans to buy 50% stake in InterGen from AIG Highstar for $1.1 bil
InterGen N.V. and GMR Infrastructure Ltd. on June 25 said that they had reached an agreement under which GMR, an infrastructure conglomerate based in Bangalore, India, would
Publication Date: JUN 2008
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India's Reliance set to win power projects for which Lanco emerged as the initial winner
For the second time Reliance Power Ltd. is set to win power projects for which Lanco Infratech Ltd. emerged the initial winner.
Publication Date: JUN 2008
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India's Tata Steel to develop coal project, 135-MW, in Orissa with Jasper Industries
India's Tata Steel Co. plans to develop two 67.5-MW coal-fired plants through a joint venture with Jasper Industries Ltd. at a cost of $157 million.
Publication Date: JUN 2008
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Industry Funds Management closes $1.48 bil deal to buy Northeast, Mid-Atlantic plants from ConEd
Industry Funds Management has closed the second of two stages in its $1.477 billion acquisition of a 1,706-MW portfolio of Northeast and Mid-Atlantic power plants from a
Publication Date: JUN 2008
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J-Power files plans for a 96-MW peaking plant in Orange County to fulfill SDG&E supply deal
J-Power USA Development Co. filed an application on June 19 for certification of the 96-MW Orange Grove Energy peaking power plant project to be built in southern
Publication Date: JUN 2008
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MISO members say organization falls short in its revised handling of PPAs as capacity
The Midwest Independent Transmission System Operator has failed to reassure members about the role of contracted power in the grid operator's long-term resource adequacy plan.
Publication Date: JUN 2008
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Mass. Senate approves bill to increase use of renewables, efficiency and gasified coal
The Massachusetts Senate this week approved a major energy bill that changes restructuring rules to increase energy efficiency and renewable energy, and open the door for gasified
Publication Date: JUN 2008
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Massachusetts court sides with regulators in approving 454-MW Cape Wind project
Cape Wind has beat back a significant legal challenge with a Massachusetts court ruling that state regulators acted properly in their review of the 454-MW offshore wind
Publication Date: JUN 2008
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New Mexico's governor, attorney general push EPA to mandate MACT for 1.5-GW Sithe project
New Mexico's governor and attorney general are urging the Environmental Protection Agency to require that the 1,500-MW coal-fired Desert Rock plant use the best technology to control
Publication Date: JUN 2008
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New York Public Service Commission OKs 299-MW Horizon-AES-Acciona wind farm
New York regulators on June 18 authorized construction of the state's second largest wind farm, a 299-MW project proposed by Horizon Wind Energy and AES-Acciona Energy NY.
Publication Date: JUN 2008
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NorthWestern issues solicitation for 45 MW from projects of 5 MW or less by small developers
NorthWestern has issued a request for proposals for a total of 45 MW in renewables projects of 5 MW or less proposed by Montana residents, small businesses,
Publication Date: JUN 2008
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Norwegian company Statkraft
• Norwegian company Statkraft and Scottish wind developer GreenPower have received permission to build the 60-MW Carraig Gheal wind farm on the west coast of Scotland, Statkraft
Publication Date: JUN 2008
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Obama, McCain set out energy policies, with clash over tax breaks, nuclear plants
Energy policy continued to dominate the presidential race this week as Senators Barack Obama and John McCain clashed over the best way to address soaring gasoline prices
Publication Date: JUN 2008
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Often delayed California market redesign may be delayed until next year, says ISO
The oft-delayed Market Redesign and Technology Upgrade launch could be postponed until early 2009 if the system does not prove to be reliable to market participants by
Publication Date: JUN 2008
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Ontario ISO presents positive reliability outlook for '09 with increased supply, grid enhancements
The Ontario Independent Electricity System Operator's 18-month outlook issued on June 23 offers a generally positive reliability outlook that is due to several factors including more supply,
Publication Date: JUN 2008
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Overseas firms continue to eye US acquisitions, say panelists at Platts' utility M&A conference
Despite recent unfavorable developments for the only two pending acquisitions of US power utilities by foreign buyers, panelists at a Platts conference June 23 said overseas companies
Publication Date: JUN 2008
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PJM sees financial transmission rights clear in broad range in latest monthly auction
Financial transmission rights for all available contracts cleared in a broad range from positive $68,146/MW to negative $57,398/MW in the latest monthly auction held by the PJM
Publication Date: JUN 2008
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PacifiCorp questions Utah PSC suggestion to remove coal restrictions from planned RFP
PacifiCorp is asking Utah state utility regulators to take another look at a recent order they issued related to plans by the utility to issue a request
Publication Date: JUN 2008
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Pampa Holdings secures financing to increase capacity at Argentine gas plant
Pampa Holding said this week it had secured financing to add a 178-MW steam turbine at its Loma de la Lata gas-fired plant in Neuquen, Argentina.
Publication Date: JUN 2008
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Platts Podcast
EEI chairman discusses carbon regulation
Publication Date: JUN 2008
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Quote of the week
"It's traditionally been on the East and West coasts but now it's all over the country."
Publication Date: JUN 2008
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Romanian generator signs deal with E.ON, Enel to develop 800-MW coal plant with CO2 capture
Romania's state thermal power producer Termoelectrica announced June 18 the signing of a memorandum of understanding with a consortium of E.ON Kraftwerke and Enel to build an
Publication Date: JUN 2008
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SDG&E seeks expedited OK for 46-MW peaker in Miramar
San Diego Gas & Electric is seeking expedited approval from the California Public Utilities Commission for a 46.5-MW peaking facility in Miramar.
Publication Date: JUN 2008
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Seventeen investors are interested in bidding for 315-MW of Indonesian geothermal projects
Around 17 private investors have expressed an interest in bidding for three geothermal projects in Indonesia totaling 315 MW.
Publication Date: JUN 2008
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Shortages force India's gas-fired plants to run at only half their 13 GW of capacity
A shortage of natural gas has resulted in India operating only 50% of its 13 GW of gas-fired capacity.
Publication Date: JUN 2008
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Tenaska launches open season to sell CO2 it expects to capture from Texas coal plant
Tenaska Trailblazer Partners on June 18 launched a non-binding open season to sell carbon dioxide it may produce at its proposed 600-MW Tenaska Trailblazer Energy Center under
Publication Date: JUN 2008
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Texas should look to coal, nuclear, renewables and shun gas for energy, says governor's report
Texas must reduce its reliance on natural gas-fired power plants by adding significant amounts of coal-fired, nuclear and renewable generation while increasing energy efficiency savings, according to
Publication Date: JUN 2008
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Thailand's EGAT to announce next month adviser for nuclear power feasibility study
Electricity Generating Authority of Thailand plans to finalize next month its choice of an adviser to conduct a study on whether or not it is feasible to
Publication Date: JUN 2008
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The Polish government
• The Polish government plans to fully privatize two of its state-owned power groups, Enea and Energa, by 2011, according to Deputy Treasury Minister Jan Bury.
Publication Date: JUN 2008
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Turkish privatization of distribution companies attracts only 10 offers from seven bidders
The sale of the first two of Turkey's 20 regional electricity distribution companies attracted a total of only 10 bids from seven companies and consortia, Turkey's Privatization
Publication Date: JUN 2008
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UK government launches third round of tenders for offshore wind projects totaling 25,000 MW
The UK government earlier this month launched its next phase of offshore wind farm projects, calling for bids to deliver up to 25 GW of new capacity
Publication Date: JUN 2008
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UK government plans $200 million investment in renewables to meet EU targets by 2020
The UK government plans to launch a £100 billion ($200 billion) renewables strategy aimed at achieving its European Union target of sourcing 15% of energy from renewables
Publication Date: JUN 2008
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UK-based BG makes hostile takeover bid for Australia's Origin valued at $13 billion
BG Group of the United Kingdom has offered to buy all the shares of Australia's Origin Energy Ltd. from its shareholders despite the fact that Origin's management
Publication Date: JUN 2008
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US faces consistently higher power prices as fuel and construction costs soar, says FERC
The nation may be entering a period of "significantly higher power prices that will last for years," Federal Energy Regulatory Commission staff said last week.
Publication Date: JUN 2008
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Utah sets non-binding GHG reduction goal of 28% below forecast levels for 2020
Utah has set a non-binding goal of cutting greenhouse gas emissions to 2005 levels by 2020, a 28% cut below forecast levels, a broad-based stakeholders group said
Publication Date: JUN 2008
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Utility executives say prospects for CCS have been 'overblown' as a GHG solution
Three utility executives said they fear carbon capture and sequestration has been "overblown" as a global warming solution by some environmentalists and others, which possibly could lead
Publication Date: JUN 2008
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Washington siting council approves purchase of 520-MW Suez Energy plant by PacifiCorp
Washington's siting council on June 24 approved the ownership transfer of a 520-MW gas-fired plant in Chehalis, Washington, from Suez Energy North America to PacifiCorp.
Publication Date: JUN 2008
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West Virginia high court backs regulators in approving proposed 186-MW wind farm
The West Virginia Supreme Court of Appeals affirmed prior orders issued by the state's Public Service Commission that gave the green light to a planned 186-MW wind
Publication Date: JUN 2008
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Wind association protests FERC's 'disregard' for parity by exempting SPP from firm service
Federal energy regulators showed a "stunning disregard" for transmission service when they allowed the Southwest Power Pool to be exempt from providing firm transmission service, creating unreasonable
Publication Date: JUN 2008
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Wisconsin co-op issues solicitation for 100 MW of power from June 2013
Wisconsin based Dairyland Power Cooperative on June 23 issued a request for proposals seeking proposals from qualified bidders to provide approximately 100 MW of capacity for power
Publication Date: JUN 2008
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AMP Ohio enters contract to buy turbines for 208 MW of hydro plants in W.V., Ind., Ky.
American Municipal Power-Ohio is moving ahead with the development of three Ohio River hydroelectric power plants that will generate a combined 208 MW for purchase by some
Publication Date: JUN 2008
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Allco plans sale of 3,100-MW wind project to ArcLight Capital, Terra-Gen for $325 mil
Sydney, Australia-based Allco Finance Group on June 17 said it plans to sell a 3,100-MW wind farm under development in Tehachapi, California, to a consortium of ArcLight
Publication Date: JUN 2008
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Atlantic City backs New Jersey's plans for offshore wind farms as a tourist draw
Atlantic City officials consider offshore wind turbines to be a tourist attraction and support the construction of a wind farm that is in full view from the
Publication Date: JUN 2008
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BC Hydro seeks 5,000 GWh a year from renewable energy projects
In keeping with the provincial government energy plan that 90% of the power generated in British Columbia by 2016 come from clean or renewable resources, BC Hydro
Publication Date: JUN 2008
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BC Hydro seeks to add 2,400 MW of hydro under 10-year resource plan
BC Hydro has filed with provincial regulators an ambitious 10-year resource plan that calls for taking steps to add 2,400 MW of new hydro generation, buying 6,000
Publication Date: JUN 2008
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BLM draft plan would open 192 million acres for geothermal power project development
The federal government would make about 192 million acres of federal lands in western states available to geothermal energy production under a plan the Bureau of Land
Publication Date: JUN 2008
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Bill extending renewable energy tax credits remains on hold as Republicans stand firm
The Senate June 17 failed to overcome a Republican filibuster against legislation to extend $18 billion in tax credits for renewable energy development, carbon capture and efficiency
Publication Date: JUN 2008
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