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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.

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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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Industry News

Sempra Questions CA Challenge of Expensive Contracts

LCG, March 26, 2002-San Diego Gas & Electric's parent company Sempra insists that the state cannot ask the Federal Energy Regulatory Commission to alter or nullify electricity contracts.

$43 billion worth of contracts were signed last year during California's energy crisis, and the state requested that the Federal Energy Regulatory Commission (FERC) do something about the contracts, which are deemed to be $21 billion too expensive by the California Public Utilities Commission. The CPUC says the contracts do not follow federal guidelines calling for reasonable pricing

Sempra says that California cannot legally request to change the contracts and hopes that FERC will deny the substance of California's filings.

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