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

Waste-to-Power Project Gains Momentum in Maryland

LCG, February 5, 2009--The Northeast Maryland Waste Disposal Authority (NMWDA), together with the Frederick County Division of Utilities and Solid Waste Management and Carroll Country Department of Public Works, Tuesday announced the selection of Wheelabrator Technologies, Inc. as the preferred vendor to construct and operate a new waste-to-power facility to serve the solid waste disposal and energy needs of Frederick and Carroll Counties.

The greenfield facility will be designed to receive up to 1,500 tons per day of municipal solid wastes and to produce up to 55 MW of electricity. The facility will be located in Frederick County, Maryland.

The project is scheduled for completion in 2014. Project approval from both counties' Board of Commissioners will be sought shortly, with permitting, engineering and construction to follow.

Wheelabrator Technologies, Inc. is a wholly owned subsidiary of Waste Management, Inc.

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