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

Duke Energy Florida Announces New Solar Power Projects

LCG, January 29, 2020--Duke Energy Florida (DEF) Monday announced the locations of its two newest solar power plants that will provide a combined installed capacity of nearly 150 MW. DEF is investing an estimated $1 billion to construct or acquire a total of 700 MW of cost-effective solar power facilities from 2018 through 2022 in Florida, and planning for another 1,500 MW of solar generation through 2028.

Read more

Industry News

Xcel to Curtail SOx from Coal Plants

LCG, Dec. 30, 2002--Emissions of sulfur dioxide (SO2) will be cut starting in January under a program initiated by Xcel Energy and covering three coal-burning power plants it owns in the Denver area.

The investment of $211 million needed will come from rate increases extending over 15 years. A typical residential customer will pay 91 cents as a surcharge on his or her monthly bill, while business customers will pay an average of an additonal $1.85 for the program. Xcel, based in Minneapolis, is not required to make the improvements to its plants, but was allowed to do so with the approval of the Colorado state legislature in 1997.

Emissions reductions will be equivalent to a 70 percent reduction compared to uncontrolled releases from the plants, which represent a total of 1,100 megawatts of capacity. Additionally, two units at a plant will be shut down. Xcel said it plans to make even more significant reductions in Minneapolis if the state gives it the necessary approval for changes in rates.
Copyright © 2020 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service