Energy Trading News

Massachusetts Finds Long-Term Contract Mandate Premature

The Massachusetts Department of Public Utilities found it’s unnecessary at the current time to require electric utilities to enter long-term contracts for power supply to address forecasts of insufficient peak-load requirements in the state. The department said that requiring electric distribution companies to enter into long-term contracts with generators would be proper only if there was convincing evidence that the competitive market has failed and that there are imminent reliability concerns.

EDF begins operating Bobcat Bluff wind project

EDF Renewable Energy, formerly enXco, started operations at the 150-MW Bobcat Bluff wind project in Archer County, 20 miles south of Wichita Falls, Texas. The project, consisting of 100 GE 1.5-MW turbines, spans about 12,500 contiguous acres. EDF Renewable Services will operate and maintain the facility, while EDF Trading provides energy management services and acts as the qualified scheduling entity. EDF Renewable Energy acquired the project in March 2012 and began construction in April.