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

Debate on Vietnamese Dam Pushed Back

LCG, Mar. 29, 2002--A vote on a large dam project in Vietnam has been delayed by the national assembly until the second session late this year, government media reported.

Plans had previously been submitted by the government, and were allegedly found to require further work, according to the Tuoi Tre (Youth) newspaper. The dam, the size of which has been revised downward, would require displacement of up to 100,000 people and cost up to $4 billion. The region selected, in the northwestern Son La province, is earthquake-prone.

The assembly has historically been cooperative with the Communist Party leadership, but has expressed a more unilateral stance recently. The need for expanded electric power supplies is seen in annual growth in demand of 14 percent in the last few years. Annual growth is projected to be above 10 percent for the next twenty years.
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