EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Connecticut Seeks 2,000 MW of Offshore Wind Capacity

LCG, August 22, 2019--The Connecticut Department of Energy and Environmental Protection (DEEP) on Friday released a request for proposals (RFP) for offshore wind power projects. DEEP is seeking up to 2,000 MW, as required under Public Act 19-71, An Act Concerning the Procurement of Energy Derived from Offshore Wind.

Read more

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

Industry News

Germans Agree on Plan to Shut Nuclear Plants

LCG, May 14, 2001German government and electric industry leaders have worked out compromises to disagreements over plans to shut down the country's 19 nuclear power plants, the Frankfurter Allgemeine Zeitung reported this morning.

Chancellor Gerhard Schrder and leaders of the country's electricity producers had worked out a broad outline of the plan last June, but the energy producers later called for changes in the draft legislation because they feared the text could be rewritten to their disadvantage, the paper said.

Environment Minister Jrgen Trittin said over the weekend that the parties could sign the agreement later this month or early in June. The agreement would then be considered by the German cabinet and then by the Bundestag, Germany's parliament. The deal would not be subject to approval by the Bundesrat, an assembly of German states.

Tritten, a leader of the anti-nuke Green Party, told the Berlin newspaper Tagesspiegel, "The result of the agreement is that around 2018 Germany will no longer have any nuclear power plants on-line." Tritten has been guilty of wishful thinking in the past, however.

According to the Frankfurt paper, the plan would allow each plant to operate for 32 years and produce a fixed amount of energy. But producers could trade these quotas among plants, allowing older facilities to be closed in order to extend the life of other sites.

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