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Mississippi Power Proceeds with Another Solar PV Project

LCG, April 28, 2016--Southern Company subsidiary Mississippi Power and Silicon Ranch Corporation held a groundbreaking ceremony for the state's largest solar farm yesterday in Hattiesburg. The 50-MW solar PV project is estimated to cost $100 million and is scheduled to commence operations by early 2017.

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ESC Files Application with FERC for the Empire State Connector "HVDC" Transmission Project

LCG, April 27, 2016--Empire State Connector Corp. (ESC) announced yesterday that it has filed an application with the Federal Energy Regulatory Commission (FERC) for authority to negotiate agreements with customers for transmission service on a 260-mile long high voltage direct current (HVDC) electric transmission line designed to deliver 1,000 MW of energy and capacity directly into New York City from generating sources located in upstate New York. ESC has assumed the full market risk for the $1.5 billion construction cost so at to cause no negative impact on ratepayers. The project is scheduled to be in-service in 2021.

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Energy Price (Actuals)
ERCOT 4/29/2016 0:00 $8.42
MISO 4/29/2016 7:00 $22.67
NYISO 4/29/2016 9:00 $25.77
NEISO 4/28/2016 23:00 $18.97
CAISO 2/4/2015 23:00 $23.1
PJM 4/29/2016 9:00 $31

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