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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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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

Newsmakers

Ann Curtis has been promoted to vice chairman of Calpine Corporation. Curtis, who has been in the power industry for over 20 years, founded Calpine Corporation, and led its initial public offering, the largest IPO in the independent power industry at that time.

Robert D. Kelly has been promoted to executive vice president and chief financial officer of Calpine Corporation. Kelly succeeds Ann Curtis in that role. Kelly will continue as president of Calpine Finance Company. Before joining Calpine in 1990, Kelly was marketing manager of Westinghouse Credit Corporation, starting the Energy Finance Division's Western Region.

Calpine Corporation has promoted Eric N. Pryor to the dual positions of deputy chief financial officer and chief risk officer for Calpine Corporation. Pyror joined Calpine in 1995 as a senior analyst, and was recently senior vice president of finance.

The board of the Ohio Electric Utility Institute (OEUI) announced that it has elected Greg Ficke as a director and vice chairman of OEUI, the non-profit state trade association representing investor-owned electric companies in Ohio. Fice is president of the Cincinnati Gas & Electric Company, a subsidiary of Cinergy Corp.

Jane F. Kelly has been elected assistant corporate secretary and assistant counsel for South Jersey Industries and corporate secretary for South Jersey Energy. Kelly has served as the executive director of the New Jersey Utilities Association and assistant counsel to former Governor Thomas Kean.

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