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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

TVA, Midwest ISO and PJM Act to Improve Coordination of Grid

LCG, April 26, 2005--The Tennessee Valley Authority (TVA), Midwest Independent Transmission System Operator (Midwest ISO), and PJM Interconnection (PJM) have agreed to enhance the management, operation and facility planning of their combined electric transmission grid. The three organizations operate a grid that encompasses transmission lines in all or parts of 25 states, the District of Columbia, and the Canadian province of Manitoba, with a combined peak load of 264,000 MW.

Late last week, the three organizations executed a Joint Reliability Coordination Agreement (JCRA) to improve congestion relief and the management of the reliability of seams between the wholesale electricity markets of the Midwest ISO, PJM and TVA's service territory. To achieve this objective, the organizations will share key operating information and extensive planning data to ensure that all three parties have the best information possible to support operations and to analyze and model the integrated operations of the combined grid.

PJM, TVA and the Midwest ISO have also agreed to schedule joint transmission planning sessions to further reliability goals and economic facility expansions and upgrades across their integrated grid.

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