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.

Read more

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.

Read more

Industry News

FP&L's Martin and Manatee Station Expansion Projects Ready for Service

LCG, June 28, 2005--Florida Power & Light Company (FP&L) announced yesterday that its two new, gas-fired electric generating units located at existing plant sites in Martin and Manatee counties will commence commercial operations on June 30, 2005. The two new units will add 1,900 MW of generating capacity to serve the growing electric demands in Florida.

At the Manatee Station, the existing facilities include two units with a combined capacity of 1,591 MW and the capability to burn oil and natural gas. The expansion project adds a new, combined-cycle plant with a capacity of 1,100 MW. The estimated cost of the project is approximately $600 million.

The existing facilities at the Martin site include two 800-MW steam-generating units, two 450-MW combined-cycle units and two 160-MW combustion turbines used to meet peak loads. The Martin Station expansion project converts the two combustion turbine peaking units, along with two new combustion turbines, into a more efficient combined-cycle plant. The capacity of Martin Station will increase by 800 MW, and the estimated cost of the project is $500 million.

Both stations will receive gas via Gulfstream Pipeline's Phase II Extension that was placed into service in February of this year. Gulfstream, a joint development between Williams and Duke Energy, was originally placed into service in May 2002. The pipeline, with a capacity of approximately 1.1 Bcf/day, receives gas from Mobile Bay, East Louisiana and Mississippi before crossing more than 400 miles of the Gulf of Mexico.

Copyright © 2019 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