Some advocates claim markets can help reduce electricity prices by changing the design of wholesale auctions. However, taking a pay-as-bid approach could make matters worse.
than one million Landis+Gyr E350 AX-SD meters to provide both credit and prepayment options for all their customers.
The Chilean Ministry of Energy and Corfo (Corporacion de Fomento de la Produccion) selected Abengoa to develop a $1 billion, 110-MW solar plant using tower technology with 17.5 hours of thermal energy storage using molten salts. The project will be located in the Atacama Desert and will be the first solar-thermal plant for direct electricity production in South America. Construction is due to start in the second half of 2014.
Constellation signed an agreement with the City of Los Angeles to design, build, and operate a 27-MW biogas-fired cogeneration plant at L.A. Sanitation's Hyperion treatment plant. The new plant, which will cost approximately $130 million to build, will burn digester gas produced at Hyperion, producing steam and electricity for treatment operations. Constellation and its subcontractors will develop, construct, and operate the cogeneration facility for 10 years, with an option to extend the agreement for five additional years. Commercial operation is expected by the end of 2016.
Element Power US , owner and developer of the Mill Creek Wind Farm, and KCP&L Greater Missouri Operations , have entered a PPA for a 200-MW wind energy facility to be built in Holt County, Mo. The $400 million project will be sited on approximately 25,000 acres under lease with more than 100 landowner partners. Element Power anticipates beginning construction in Q3 2014, with commercial operation expected by the end of December 2015.
First Solar began construction on Phase I of the Barilla solar project in Pecos County, Texas. The 22 MW project is expected to begin commercial operation in mid-2014. First Solar will build, commission and operate the plant and offer the output to customers, including municipal utilities, electric cooperatives, and larger commercial and industrial users.
EDF Renewable Energy announced a 20-year PPA with Southern California Edison (SCE), contracted through the California Renewable Auction Mechanism (RAM) competitive procurement program, for 19.8-MW wind project. The Patterson Pass wind project is a repowering effort whereby older technology is upgraded, allowing for increased generation of clean energy with fewer wind turbines. Approximately 300 Nordtank and Bonus 65-kW turbines, originally installed in 1985, will be removed as part of the development process. EDF Renewable Energy will develop, own, and operate the wind project with SCE purchasing the power generated. Commercial operation is anticipated for the end of 2015. EDF Renewable Services will continue to operate and maintain the project.
Anchorage Municipal Light & Power selected Quanta Power Generation for the 120-MW George M. Sullivan Plant 2 generation replacement project in Anchorage, Alaska. Quanta will provide EPC services for all equipment and facilities for the 2x1 combined-cycle facility, using GE LM6000 combustion turbines. Construction is expected to be complete in September 2016.
Iberdrola S.A. won a contract for the construction and operation of the 300-MW Baja California III combined-cycle power plant in Mexico. Work on the $270 million plant and associated facilities will begin in April 2014 with commercial operation planned for August 2016. Iberdrola won the bid through an international