Sunshine Gas Producers, a joint venture between DTE Biomass Energy and EIF Renewable Energy Holdings through its subsidiary Landfill Energy Systems, started generating electricity from landfill gas at its recently constructed renewable energy facility at the Sunshine Canyon Landfill.
Pacific Gas & Electric
The Energy Department announced more than $10 million for projects to improve the reliability and resiliency of the U.S. electric grid and facilitate quick and effective response to grid conditions. This investment which includes six projects across five states- California, Hawaii, Missouri, North Carolina and Washington - will help further the deployment of advanced software that works with synchrophasor technology to better detect quickly-changing grid conditions and improve grid reliability.
NextEra Energy Resources, a subsidiary of NextEra Energy dedicated the company's 250 MW Genesis Solar Energy Center, located in Riverside County, Calif. All of the power generated by the solar facility is being provided to Pacific Gas & Electric under a long-term contract. The solar facility, which is comprised of two identical 125-MW generating units, entered service in November 2013 and March 2014, respectively and is owned and operated by an affiliate of NextEra Energy Resources.
NRG Solar’s Ivanpah Solar Electric Generating System is now operational and delivering solar electricity to California customers. At full capacity, the facility produces a gross total of 392 MW. Ivanpah is a joint effort between NRG, Google, and BrightSource Energy and Bechtel is the EPC contractor on the project. The project received a $1.6 billion loan guarantee from the US Department of Energy's Loan Programs Office. The facility achieved commercial operation on December 31, 2013.
Pacific Gas and Electric (PG&E), MidAmerican Transmission and Citizens Energy were chosen by the California Independent System Operator (ISO) to develop, own and operate a new transmission line in the Central Valley region of California. The 230- kV line will span about 70 miles across Fresno, Madera and Kings counties, running from the Gates to Gregg substations, which are owned and operated by PG&E.
The California Public Utilities Commission (CPUC) directed Pacific Gas and Electric (PG&E) to keep its natural gas pipeline number 147, which runs through the City of San Carlos, out of service until CPUC staff verifies the safety of the pipeline. The CPUC’s safety and enforcement division has initiated a staff investigation to determine whether any immediate safety concerns are posed by the pipeline. This investigation will result in public findings, required corrective action if necessary, and citations for any violation of law or regulation.
Calpine began commercial operations at its Russell City Energy Center and Los Esteros Critical Energy Facility, both located in the San Francisco Bay area. Together, the two plants bring on-line more than 900 MW of combined-cycle natural gas-fired power generation capacity. The full power output of both plants will be delivered to Calpine’s customer, Pacific Gas and Electric Company (PG&E), which will also supply the natural gas fuel, under 10-year power purchase agreements.
Is discounted cash flow (DCF) still a reliable tool for determining equity cost?