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

Catamount Wind Project Reaches Commercial Operations in Texas

LCG, February 24, 2005--Catamount Energy Corp. (Catamount) yesterday announced that its 91.5-MW wind farm has reached full commercial operations this month. The project, Sweetwater 2, is located in Nolan County, Texas and includes 61, 1.5-MW GE turbines.

The project developer was DKRW Energy LLC, and the project was funded by Catamount and Babcock & Brown. With the completion of the project, Catamount, an unregulated affiliate of CVPS (Central Vermont Public Service), now has part ownership in a total of 129 MW of wind projects, with additions planned for 2005. One Pennsylvania-based project Catamount is currently pursuing is the development of a 47-turbine wind farm located in Jackson and McIntyre townships.

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