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

PG&E Announces Plans to Develop 500 MW of Solar Power

LCG, February 25, 2009--Pacific Gas and Electric Company (PG&E) yesterday announced plans to develop up to 500 MW of solar photovoltaic (PV) power in California over the next five years. PG&E submitted the plan yesterday to the California Public Utilities Commission (CPUC) for approval.

The 500-MW proposal includes two components: up to 250 MW of capacity would be owned by PG&E, with the remainder owned by independent developers under a streamlined approval process. The solar facilities would be installed in PG&E's service territory in northern and central California. Given the goals are achieved, PG&E stated that the program would meet over 1.3 percent of its electric demand in 2015.

PG&E stated that its solar program targets mid-sized projects in the range of one MW to 20 MW, mounted on the ground or rooftops. PG&E plans to offer a standard contract and pricing derived from its own costs to independent developers.

Last November, City of Los Angeles officials, together with representatives of the Los Angeles Department of Water and Power (LADWP), announced another aggressive plan, Solar LA, to develop nearly 1,300 MW of solar electric generating capacity.

Solar LA includes three components: customer solar programs, utility-owned solar program and large scale solar program. The goal of the customer solar programs is to install a total of 380 MW by 2020. The goal of the utility-owned solar program is to install a total of 400 MW of solar systems on rooftops, reservoirs and parking lots on city-owned property in the Los Angeles basin by 2014. The goal of the large scale solar program is to install a total of 500 MW owned by the LADWP outside of the LA basin by 2020.

California passed a Renewable Portfolio Standard (RPS) Program that requires utilities to increase their electric supply procurement of eligible renewable generating resources by one percent of load per year, with a 20 percent renewables target by the end of 2010 and a 33 percent target by the end of 2020.
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