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.

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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.

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Industry News

In Memoriam – Ric Teague July 30, 1929 - March 3, 2002

It is with great sadness that we bring news of the passing of our founding editor, Frederick "Ric" Teague on Sunday, March 3, 2002 after a battle against cancer. He was 72. Ric was born and raised in Palo Alto from an old California family, at a time when deer and bear could be found in abundance. A prolific storyteller, incisive thinker and journalist, Ric was told by Herb Caen, Jesus, Ric, can you write! and indeed, he could write.

Ric graduated from Stanford after serving with the U.S. Army in Korea. While at Stanford, he was managing editor of The Stanford Daily. He was later a copyboy at the San Francisco Chronicle, following his parents, who both used to work for the old Call Bulletin. Over his career, he worked at a variety of jobs in San Francisco from advertising to printing to management consulting. From 1966 to 1979, Ric worked for the George S. May International Company, a management consulting firm, as Project Supervisor. Beginning in 1996, he was the editor and writer of EnergyOnline Daily News. Ric was also a member of the Naval Order of the United States (NOUS), a national organization of naval and other military veterans. He began and edited the monthly historical journal Mission: History covering past naval and Marine battle engagements.

Ric had a wide range of interests and retained information that others might quickly forget. He was an expert on the subject of baseball, and was pitcher on the Stanford baseball team. From his youth as a trumpet player and moonlighting in various bands in San Francisco in the late 1950s, he was a jazz aficionado. He was an avid gardener and knew all about pepper plants, growing over 50 different varieties each season.

Ric is survived by his sister Winifred Adams of Sunnyvale, California, four nieces and one nephew.

A memorial service will be held on Sunday, March 17, 2002 starting at 2 P.M. at the Alpine Beer Garden (formally Rosottis) in Portola Valley, California.

Contributions can be made in Rics name to the American Cancer Society.
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