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

CA ISO Wants District Court to Dismiss FERC's Governance Suit

LCG, September 17, 2002-The California Independent System Operator has asked a U.S. District Court to dismiss a lawsuit brought against it by FERC regarding replacing ISO board members.

As a part of the continuing difference of opinion over energy market control between sederal and state agencies, the Federal Energy Regulatory Commission sued the California Independent System Operator August 16 after the ISO board neglected to replace itself or file relevant information with FERC by FERC's deadline of August 15.

The ISO and the governor, as well as California Attorney General Bill Lockyer, find the FERC order to be an inappropriate "power grab" by FERC, and the ISO now says that the U.S. District Court of the District of Columbia has not been shown to have jurisdiction in the case.

On Friday the ISO requested that the federal court drop FERC's lawsuit.

Governor Gray Davis appointed its five members to the California ISO board in January of last year. The ISO is responsible for reliability of electricity transmission in California.

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