EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

AWEA Issues Fourth Quarter 2019 Market Report

LCG, February 7, 2020--The American Wind Energy Association (AWEA) recently released its new U.S. Wind Industry Fourth Quarter 2019 Market Report. AWEA reports new wind turbine installations have added 5,476 MW of electric generating capacity during the fourth quarter, which results in 2019 installations totaling 9,143 MW. The total installations represent an increase over 2018, but the total for 2019 falls short of total annual installations for 2015 and 2016. In addition to new capacity additions, developers completed 2,500 MW of turbine repowerings for the year.

Read more

Duke Energy Florida Announces New Solar Power Projects

LCG, January 29, 2020--Duke Energy Florida (DEF) Monday announced the locations of its two newest solar power plants that will provide a combined installed capacity of nearly 150 MW. DEF is investing an estimated $1 billion to construct or acquire a total of 700 MW of cost-effective solar power facilities from 2018 through 2022 in Florida, and planning for another 1,500 MW of solar generation through 2028.

Read more

Industry News

EdF Eyes Britain's Largest Transmission Net

LCG, Nov. 5, 2001--Electricit de France is considering the purchase of East Anglian Electricity, Britain's biggest regional power distribution network, in a deal that could bring its owner, TXU Corp. of the U.S., between 1.3 billion ($1.9 billion U.S.) and 1.5 billion ($2.2 billion), the Financial Times reported Saturday.

TXU has said it wants to concentrate on its UK electricity retailing interests as well as investing to expand in continental Europe.

The paper noted that EdF already owns jointly with TXU a company that manages the local transmission networks of eastern England and neighboring London Electricity, which it bought for 1.9 billion ($2.78 billion) in 1998.

"EdF, which sells power and gas to (3 million) UK electricity customers, mostly in London and south west England, is a natural candidate to buy the (55,300-mile) long network," the Financial Times said.

EdF's expansion outside of France has been roundly criticized by British, Spanish and German authorities who complain that the French government-run company has been dragging its feet on opening its own territory to foreign investment.

In addition to London Electricity, EdF owns Sweb (South West Electricity Board), which it bought in 1999, and two large English power stations at Sutton Bridge in Lincolnshire and Cottam, Nottinghamshire, which it acquired last year for about 800 million ($1.15 billion).

Any move by EdF to acquire East Anglian would come under investigation by the European Commission, which is currently investigating moves by Spanish and Italian authorities restricting foreign state-owned companies from buying into domestic energy companies.

Copyright © 2020 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