Entergy Gulf States Louisiana LLC, in a request filed Sept. 16, asked the Louisiana Public Service Commission for a hold on the proceeding over its plan to buy capacity at a gas-fired power plant in Arkansas, so it can work out a final settlement with the parties to the case of the issues involved.
It asked that the procedural schedule in this matter be suspended and the currently scheduled Sept. 16-17 hearing in this matter be continued to Oct. 7 or 8. “The parties have reached agreement on the terms of a Stipulated Settlement Term Sheet regarding the settlement of all of the outstanding issues in this docket,” the utility wrote. “As a result, EGSL requests that the procedural schedule be suspended so that the parties can proceed by stipulation in compliance with requirements of Rule 6 of the Louisiana Public Service Commission’s Rules of Practice and Procedure.”
The company said it has contacted counsel to each of the parties to this matter, and all parties have stated that they support a continuance of the hearing date in this matter. In addition, EGSL has received confirmation from counsel for Louisiana PSC Staff, Marathon Petroleum and Occidental Chemical that they are available for a settlement hearing pursuant to Rule 6 on Oct. 7 or 8. However, as of the time of this filing, EGSL said it has not received confirmation from counsel for the Louisiana Energy Users Group regarding his availability for that hearing.
In this proceeding, EGSL asks the PSC to certify that the company’s acquisition of Union Power Station (UPS) Power Blocks 3 and 4 (PB3 and PB4), and an undivided 50% interest in related common facilities, serves the public convenience and necessity and is in the public interest. The other two units at the gas-fired plant, located in Arkansas, would be bought by other Entergy Corp. (NYSE: ETR) subsidiaries.
The UPS is a 1,980-MW (summer rated) facility that entered commercial service in 2003 and consists of four combined-cycle natural gas-fired generating units.