ZGlobal to Provide Economic Evaluation for La Palma Natural Gas Plant

The La Paloma natural gas plant in California filed for bankruptcy last December because it was not getting enough operating time to cover its costs due to solar and other renewable energy receiving preference. ZGlobal was hired to provide an economic evaluation for this 1200-megawatt merchant plant located 110 miles northwest of Los Angeles and is able to serve both the San Francisco and Los Angeles markets.

The new plant owner retained ZGlobal to provide education and subject matter expertise to evaluate the potential economic viability of the plant within the ISO markets and California policies.