EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Tampa Electric Plans to $800 Million Investment in New Solar Power Generation

LCG, February 24, 2020--Tampa Electric recently announced plans to expand its use of solar power to meet customer needs in Florida. The company plans to invest approximately $800 million to add 600 MW of solar electric generating capacity by the end of 2023, when the total solar capacity would exceed 1,250 MW. Solar power will then account for about 14 percent of the utility's energy.

Read more

AWEA Issues Fourth Quarter 2019 Market Report

LCG, February 7, 2020--The American Wind Energy Association (AWEA) recently released its new U.S. Wind Industry Fourth Quarter 2019 Market Report. AWEA reports new wind turbine installations have added 5,476 MW of electric generating capacity during the fourth quarter, which results in 2019 installations totaling 9,143 MW. The total installations represent an increase over 2018, but the total for 2019 falls short of total annual installations for 2015 and 2016. In addition to new capacity additions, developers completed 2,500 MW of turbine repowerings for the year.

Read more

Industry News

PG&E Offers Local Governments Chance for Boosted Revenue

LCG, Dec. 18, 2002--Cities and counties who respond to a proposed agreement by utility Pacific Gas & Electric could receive more in fees from utility-service contracts, but many are waiting before signing on.

The bankrupt PG&E's proposed reorganization plan would mean that both transmission lines and gas pipelines would be sold to companies called GTrans and ETRans. Those companies would need to sign franchise agreements with the cities they serve, which would mark the first time these contracts have undergone any disruption in 65 years. PG&E has offered cities what it says could amount to 20 to 25 percent increases in the amount of franchise fees they are paid.

The League of California Cities has told municipalities that before signing, they should not simply agree to terms which are essentially locked in for the foreseeable future. Cities, the League says, should negotiate to be able to rewrite the agreements based on changing conditions after several years. "In any contract, it's bad if it continues to go on forever with no opportunity to (reflect) changes in the economy and in technology," Frances Medema, who studies policy at the League of California Cities, told the Sacramento Bee.

While Alan Tandy of Bakersfield considered PG&E's offer to be "a polite request," not a high-pressure way to make things easier should its reorganization plan be accepted, the League of California Cities hopes to negotiate on behalf of cities before they rush to sign. A large number of cities have not yet signed, in case the revenue from fees could be even higher than suggested, and made open to future negotiations. The yearly franchise fees, which are paid by companies allowed to provide a service, range from less than $100,000 for smaller towns to around $846,000 for Sacramento.
Copyright © 2020 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service