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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

Georgia Lawmakers Approve Gas Reform

LCG, Mar. 21, 2002--Georgia Gov. Roy Barnes' bill to remedy problems with his state's retail natural gas market was passed mostly untouched by the General Assembly and Senate this week, while an attempt to have one marketer be responsible for all gas sales was defeated.

Consumers had registered a large volume of complaints concerning billing problems and rates, following deregulation in 1997. Marketers said that delinquent accounts had made higher charges necessary. The Natural Gas Consumer Relief Act will create a single marketer for low-income customers and those with unreliable payment histories. A surcharge for industrial customers will keep rates for low-income customers lower than the average, while high-risk customers will be charged rates higher than average.

The bill first passed in the House 173-3, and then in the Senate, 36-16, after a few small modifications were made. Sen. Steve Thompson, D-Powder Springs, said that a plan by Sen. Regina Thomas, D-Savannah, to bring customers under one provider would have resulted in higher costs, partly from lawsuits filed by marketers already selling to customers. Most customers are served by unregulated marketers. In addition, the bill will allow nonprofit electricity providers or electric membership cooperatives to be providers.

Safeguards in the legislation include standardization of terms used on customer bills, and a clause that would permit new regulations if the number of companies marketing natural gas should drop to three or fewer.
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