April 4, 2025

LS Power unit backs fuel oil supply agreement for New York peaker plant to shore up grid reliability

The long-term deal ensures Ravenswood power plant can switch to fuel oil, safeguarding NYC grid during gas shortages.

Fuel Fix: Rise Light & Power LLC, a unit of LS Power, provided its support for a six-year agreement with NYISO that covers the fuel and related expenses for the 1,780-MW Ravenswood Generating Station in Queens, New York, according to an April 3 filing with FERC. The agreement enables Ravenswood to recoup costs when it generates electricity using fuel oil ...

Details:

Filing Date: April 3, 2025

Docket Numbers:

ER25-1593

Short Summary:

Rise Light & Power LLC, a unit of LS Power, provided its support for a six-year agreement with NYISO that covers the fuel and related expenses for the 1,780-MW Ravenswood Generating Station in Queens, New York, according to an April 3 filing with FERC.

Impact Level:

Categories:

Rate & Tariff Tracker

Tags: Fuel Cost Recovery, Grid Reliability, Natural Gas, Natural Gas-Fired Generators, Oil, Peaker Plant

Entities: LS Power, New York ISO

Markets: New York Independent System Operator (NYISO)

Regions: Northeast

States: New York

Regulators: FERC

Courts:

Documents:

Power Plant Agreement – Tariff Application