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

Cow Power

LCG, March 15, 2002--Energy Northwest considers manure as a viable source of electricity.

The public power provider has been investigating the possibility of using methane from dairy cows to power a 3 or 4 megawatt power plant. Cows in Washington, Oregon, and Idaho may be involved with producing "biogas;" the northwest constitutes eight percent of U.S. dairy production.

Right now cows can produce a little less than a third of a kilowatt per cow, although some studies report up to nine-tenths of a kilowatt. Naturally occurring bacteria produces the methane from manure and can be put to efficient use by mixing manure and water in a tank at elevated temperatures (130 F). Methane gas rises from the liquid and is ready to be combusted in a modified diesel generator.

While the fuel may be free, a methane plant will cost almost three times as much per kilowatt as wind power. Energy Northwest business developer Stan Davison said that the cost is justified because manure-powered plants can operate at 90 percent, instead of the 30 percent that wind yields yearly.

Energy Northwest has yet to find investors for the project.

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