At the February 24th meeting the Louisiana Public Service Commission ruled that the $ 5 billion sale of Cleco to foreign investors was not in the public interest. Read The Advocate’s coverage of the proposed Cleco sale.
Source: The Advocate
Electricity experts in Louisiana are pretty sure about a few things.
Demand from industrial users is poised to climb. Natural gas likely will remain a key source of power generation in the state for years. The entrance of a prominent regional transmission organization brings a new level of connection.
What isn’t as clear is just how big the wave of industrial demand may be. Or how the expected closure of some coal-fueled power plants in other states will ripple through U.S. power supplies. Or exactly how new transmission and generation will fit together…