Young Energy Services LLC told the Federal Energy Regulatory Commission on March 31 that it is giving up the permit for the 1,500-MW South Run Pumped Storage project in Ohio.
In April 2011, FERC issued a three-year preliminary permit to South Run Pumped Storage LLC for the South Run Pump Storage Project. Young Energy Services (YES), on behalf of South Run Pumped Storage LLC, on April 1 submitted the sixth and final six-month progress report under that permit.
In addition to a updated cost analysis, discussions with others and consultation regarding FERC licensing, various things had been accomplished lately. “YES continues to perform evaluations of this Project by investigating the updating of equipment requirements to address reversible pump turbines, the accommodation of intermittent renewable energy sources such as wind and a recognition that coal plants are being decommissioned in Ohio,” the company noted.
YES said it continues to be in contact with various potential off takers and potential investors in this project. YES has initiated the consultation process and has proceeded in development of a draft pre-application document (PAD). An initial PAD has been drafted, but not yet issued.
As part of the consultation process the company has been in contact with Lake Erie Energy Development Co., which is proposing a wind farm in Lake Erie, as well as Lake Erie Power Corp., which is proposing an underwater transmission line across Lake Erie.
Subsequent to the last progress report the company reviewed the Hydropower Regulatory Efficiency Act of 2013 to determine if South Run qualifies for the FERC’s new two-year license process or if a request should be made to extend the preliminary permit period to five years.
“We have also been in serious discussion with an additional investor who determined that they could not complete an adequate due diligence by the time of expiration of the original preliminary permit,” YES added. “Correspondingly, we have decided to allow the South Run Preliminary Permit P-13876 to expire as of March 31, 2014.”
The South Run project was to be located on South Run near the city of Norton in Medina and Summit counties, Ohio. It would have included six reversible turbines of 250-MW apiece. The estimated annual generation was 1,300 to 2,000 gigawatt-hours, depending on certain utilization factors.
The project contact is: Kevin Young, President, Young Energy Services LLC, 617-645-3658.