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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

ExxonMobil Receives Approval from FERC for Vista del Sol LNG Terminal

LCG, June 17, 2005--The Federal Energy Regulatory Commission (FERC) authorized on June 15 the construction of a liquefied natural gas (LNG) terminal and related pipeline facilities proposed by ExxonMobil Corporation's affiliates, Vista del Sol LNG Terminal LP and Vista del Sol Pipeline LP. The proposed terminal will be located along the Gulf of Mexico near Corpus Christi, Texas in San Patricio County.

The proposed terminal will be able to receive approximately 1.1 Bcf/day of LNG. After the natural gas is vaporized, a proposed 36-inch diameter pipeline, with a capacity of 1.4 Bcf/day, will deliver the gas to existing pipelines for transportation throughout the North American gas network. The LNG supplies received from outside North America will supplement domestic gas supplies.

The project is scheduled to be completed and operational in 2008.

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