Regulatory mandates and smart grid technologies are creating an opportunity for utilities to adopt a new approach to customer service—an approach that balances a range of strategic and operational...
Generation closed the sale of two gas-fired power plants in Ohio, the 444-MW Richland and 20-MW Stryker plants, to Quintana Infrastructure & Development, for an undisclosed amount. Both plants were operated as peaking facilities.
Entergy agreed to acquire the 583-MW Rhode Island State Energy Center (RISEC) in Johnston, R.I., from NextEra Energy Resources for approximately $346 million, subject to closing adjustments. The Siemens-based gas-fired combined-cycle generating plant entered commercial service in 2002. The transaction is contingent upon, among other things, obtaining necessary regulatory approval from FERC and notification of the transaction pursuant to the Hart-Scott-Rodino antitrust law. Closing is expected in late 2011.
Tri-State Generation & Transmission Association agreed to purchase a 272-MW natural gas-fired combined cycle power plant in Fort Lupton, Colo. Terms weren’t disclosed. The not-for-profit, wholesale power supplier plans to acquire the Thermo Cogeneration Partnership (TCP) from affiliates of Starwood Energy Group , a private investment firm based in Greenwich, Conn. Tri-State has been purchasing 150 MW of power from the Fort Lupton plant under a 10-year tolling agreement that began in July 2009. The plant is also under contract to provide 122 MW of capacity to a third party through 2019.
CDS Global , a billing and remittance processing provider, acquired PayDQ, a provider of electronic bill presentment and payment systems. The acquisition provides CDS Global with the technologies needed to allow the company to deliver a combined paper and electronic system.
Arizona Gov. Jan Brewer participated in an event in October commemorating the first shipment of solar panels from Suntech Power factory in Goodyear, Ariz., for the nearby 150-MW Mesquite Solar 1 power plant. The Goodyear factory opened in October 2010, with a 50-MW annual capacity. Zachry Holdings is building the Mesquite power plant for Sempra Energy , which will sell the output to Pacific Gas & Electric under a 20-year power purchase agreement. Sempra says the Mesquite complex could eventually expand to reach 700 MW of capacity.
NextEra Energy Resources, LLC commissioned the Hatch solar center in Hatch, N.M. The 5-MW facility is comprised of 84 Amonix 60-kW units with dual-axis tracking. Amonix says the plant is the largest operating concentrated PV (CPV) power plant in North America. NextEra is selling the plant’s output to El Paso Electric under a 25-year power purchase agreement.
Consumers Energy awarded a $37 million contract to Babcock & Wilcox to provide construction services for a baghouse installation project at the J.H. Campbell power plant near West Olive, Mich. In addition to performing construction, electrical and mechanical work, BWCC will supply flues, insulation and structural steel for the 400-MW, coal-fired Campbell Unit 2’s particulate emissions-filtering baghouse. B&W was previously awarded a contract to design and supply the plant’s NOX-reducing selective catalytic reduction (SCR) system. The company has begun work at the project site and is scheduled to tie in both the SCR and baghouse during a planned outage in March 2013.
Alstom was awarded a framework contract worth $150 million over the next several years by American Electric Power (AEP) to upgrade the low pressure steam turbines across its 1,300-MW coal-fired