November 23, 2024
Company Briefs
PPL Gets Extension on Spinoff Mitigation Plan
News briefs on companies doing business with RTOs. This week we include PPL, Dominion, NextEra, Duke, Exelon and NRG.

PPL-LogoThe Federal Energy Regulatory Commission gave PPL a 10-day extension, until Friday, to prepare its mitigation plan for the proposed spinoff of its generating assets into a merchant power producer.

FERC had set a Jan. 20 deadline for PPL to respond to conditions the agency set for the new generating company, Talen Energy, which will be created from a combination of assets from PPL and Riverstone Holdings. PPL spokesman George Lewis said last week that PPL received the filing extension.

More: The Morning Call

Cape Wind Contracts Terminated, Company Suspended from ISO-NE

Troubled wind developer Cape Wind ended contracts to buy land and buildings in Massachusetts and Rhode Island and was suspended from participating in ISO-NE.

The announcements are the latest gloomy news for Cape Wind, whose power purchase agreements with utilities National Grid and NSTAR were terminated earlier this month. The utilities said they backed out because Cape Wind failed to meet financing and construction deadlines. Its 468-MW project has been in the planning and permitting stage for more than a decade.

ISO-NE notified the Federal Energy Regulatory Commission that it had suspended Cape Wind from its wholesale power market. Dennis J. Duffy, vice president of governmental and regulatory affairs for Cape Wind, said the suspension was a “nonissue” and that it would be reversed “well in advance” of the project beginning operations.

More: The Boston Globe

Amazon Commits to Indiana Wind Project to Power Data Centers

Amazon Web ServicesAmazon Web Services is teaming up with Pattern Energy Group to build a 150-MW wind farm in Indiana to provide electricity for a planned data center.

Pattern will construct and operate the 150-MW wind farm in Benton County, Ind. The facility will be called the Amazon Web Services Wind Farm, and it is scheduled to go into operation in a year. Amazon is catching up to Google and Facebook in a quest to power cloud-based web services with clean energy.

More: Gigaom

NRG Installs 24 Vehicle Chargers in Greater DC Area, More Coming

NRG eVgoNRG Energy has installed 24 fast electric vehicle (EV) charging stations in the D.C. area, and another one is due to become operational later this month.

NRG’s eVgo subsidiary installs and operates the chargers. They allow for fast charging of vehicles, in some cases providing an 80% charge in 30 minutes.

More: pv magazine

Duke Energy Building 13-MW Solar Facility at Marines’ Camp Lejeune

Duke Energy is teaming with the U.S. Navy and Marines to construct and operate a 13-MW solar facility at Marine Corps Base Camp Lejeune near the North Carolina coast.

“Secretary of the Navy Ray Mabus set an aggressive but critical goal for the [Department of the Navy] to produce or procure 1 GW of renewable energy by the end of 2015,” said Robert Griffin, executive director of the Navy’s Renewable Energy Program Office.

The estimated $25 million to $30 million project, which would be built on about 80 acres, needs regulatory approval from the North Carolina Utilities Commission.

More: Charlotte Business Journal

End of Duke Power Contract Spells End for Carolina Plant

Coastal CarolinaA North Carolina biomass energy plant has closed following the expiration of a power contract with Duke Energy.

Coastal Carolina Clean Power of Kenansville, which burned wood chips and scrap lumber to produce electricity, shut down after Duke declined to renew its contract because the electricity cost up to 200% of the price on the open market. The closing has left 17 people out of work.

More: WITN

Dominion Virginia Power Files to Build 20-MW Solar Plant

earningsDominion Virginia Power will build a 20-MW solar facility in Fauquier County, in Northern Virginia, its first commercial solar venture in the state.

The company, in a filing with the Virginia State Corporation Commission, said the $47 million plant is to be built on about 125 acres near its Remington Power Station. The plant would be financed by a surcharge of about 4 cents per month for a typical residential consumer during construction, and then drop to about 2 cents a month after the plant goes into service. The commission needs to approve the surcharge.

Dominion has about 344 MW of solar capacity in six states, but it was under pressure from environmentalists to build a project in Virginia, where it operates 18,366 MW of conventional power generation.

More: The News & Advance

Businessmen Sign Contract for Exelon’s Delaware Station

Delaware Station (Source: Exelon)A developer and caterer are teaming up to buy the old Delaware Station generating plant on the Delaware River in Philadelphia, with an eye to develop two boutique hotels on the site.

Developer Bart Blatstein and caterer Joseph Volpe say they’ve signed a contract to buy the retired, Revival-style building on 1,000 feet of riverfront. They declined to comment on the price.

Exelon Generation spokesman Robert Judge confirmed a sales agreement had been signed but wouldn’t identify the buyers.

More: The Philadelphia Inquirer

Environmentalists, Property Owners Join Protest Against Atlantic Coast Pipeline

Dozens of environmentalists and property owners rallied at the Virginia State Capitol in Richmond against plans by Dominion Resources and other utilities to build a $5 billion, 550-mile natural gas pipeline across the state and into North Carolina.

The protesters, organized by the Sierra Club and Friends of Nelson, asked the General Assembly to block the Atlantic Coast Pipeline, which would carry 1.5 billion cubic feet of gas a day from Appalachian shale gas fields.

One bill before the legislature would repeal a 2004 law giving interstate gas companies the right to survey and test pipeline routes without property owners’ consent.

More: News Leader

NextEra to Develop Wind Energy on Hawaiian Parker Ranch Land

NextEra, which is acquiring Hawaiian Electric, has signed an agreement with the Parker Ranch Foundation Trust to develop wind farms on land the trust oversees on Hawaii Island.

The foundation began an effort in 2013 to look for a partner to help develop renewable energy on its holdings. “We have been aggressively seeking ways to reduce the cost of electricity for our community and our island by using the potential renewable energy resources available on PRFT’s Hawaii Island lands,” said Neil “Dutch” Kuyper, president and CEO of Parker Ranch.

Financial terms were not disclosed.

More: FierceEnergy; Parker Ranch

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