EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

EIA Publishes Regional Electricity Supply and Pricing Forecasts Using UPLAN Model

LCG, August 13, 2019--The U.S. Energy Information Administration (EIA) announced that it is revising the presentation and modeling of its forecasts for electricity supply and market hub pricing to better reflect current electricity markets and system operations in the U.S. Beginning with the August 2019 Short-Term Energy Outlook (STEO), the new forecasting approach models electricity markets using the UPLAN production cost optimization software developed by LCG Consulting. EIA uses the solution results provided by this proprietary model to develop the STEO forecasts of monthly electricity generation, fuel consumption, and wholesale prices.

Read more

Dominion Energy Virginia Pursues 500 MW of Renewable Projects

LCG, August 8, 2019--Dominion Energy Virginia announced Monday that it is seeking bids for up to 500 MW of renewable capacity in both 2021 and 2022 to increase its clean energy resources. Dominion Energy stated that it is committed to having 3,000 MW of solar and wind in operation or under development in Virginia by 2022. This near-term step is part of an ultimate company commitment to reduce carbon emissions by 80 percent by 2050 across the 18 states it serves.

Read more

Industry News

Duke Energy Renewables Announces Commercial Operations Achieved for 150-MW Solar Project

LCG, June 20, 2019--Duke Energy Renewables, a subsidiary of Duke Energy, yesterday announced that its 150-MW North Rosamond solar project in Kern County, California, has commenced commercial operation. The power produced from the project is being sold to Southern California Edison (SCE) under a 15-year agreement.

Duke Energy Renewables acquired the North Rosamond solar project from a subsidiary of Clearway Energy Group in April 2019.

The president of Duke Energy Renewables stated, "North Rosamond is a great addition to our growing solar portfolio. California is a leader in renewable energy, and we're pleased to support the state's efforts by continuing to provide cost-efficient renewable energy to meet residents' needs."

The 150-MW project includes over 477,000 solar panels and is located on approximately 1,188 acres outside of Rosamond. The North Rosamond solar project is Duke Energy Renewables' sixth solar generation facility in Kern County, and the project is now the largest solar project in Duke Energy Renewables' fleet.

The facility's design, procurement of PV modules, inverters, balance of plant systems and construction of the project were performed by First Solar Electric California's engineering, procurement and construction (EPC) subsidiary under a fixed-price EPC agreement for the project.
Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service