EDF Trading to control capacity at three plants for six months

EDF Trading North America LLC (EDFT) has obtained the exclusive right for a six-month period to purchase and schedule the output from certain generation facilities in the California Independent System Operator (CAISO) market.

EDFT and BE CA LLC (BE CA) have executed a Master Power Purchase and Sale Agreement Confirmation Letter and ISDA Master Agreement (together called the MPPSA), the companies told the Federal Energy Regulatory Commission on April 30. Under the MPPSA, EDFT has the exclusive right for a six-month period (April-September 2013) to purchase all energy, capacity and ancillary services from certain generating facilities that BE CA has the right to dispatch under a separate tolling agreement.

The facilities subject to the MPPSA include:

  • Alamitos Generating Station Units 1 and 2 (349.56 MW), owned by AES Alamitos LLC;
  • Huntington Beach Generating Station Unit 1 (225.75 MW), owned by AES Huntington Beach LLC; and
  • Redondo Beach Generating Station Units 5 and 8 (674.77 MW total), owned by AES Redondo Beach LLC.

During the delivery period, EDFT will be the registered Scheduling Coordinator in the CAISO for these generation facilities, will purchase all capacity, energy, and ancillary services from these facilities, excluding any Resource Adequacy Benefits, and will have sole discretion as to how these products are marketed in the wholesale market. EDFT also will have the right to dispatch the generation facilities during the delivery period. “As a result and for purposes of this notice, EDFT will assume control over the Generation Facilities during the Delivery Period,” said the filing with FERC.

EDFT’s execution and performance under the MPPSA does not cause a change in the inability of the EDF Renewable Energy (EDF-RE) Southwest region companies to exercise horizontal market power in any market. The full capacity of each EDF-RE Southwest companies remains committed under long-term power purchase agreements, the notice said.

The filing was officially made by the EDF-RE companies with capacity in the region, including Catalina Solar LLC, Oasis Power Partners LLC, Pacific Wind Lessee LLC, Shiloh Wind Project 2 LLC, Shiloh III Lessee LLC, and Shiloh IV Lessee LLC, all directly or indirectly wholly-owned or controlled by EDF-RE, formerly called enXco Inc. EDF-RE owns or controls approximately 844.4 MW of generation capacity in the CAISO balancing authority area.

EDF-RE is a holding company that is wholly owned by EDF Energies Nouvelles SA, a company organized under the laws of France, which in turn is wholly owned by Électricité de France SA, which is owned by the French government (84.44%), with a small percentage of shares held by current and former employees (about 1.85%) and the remaining shares owned by the public.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.