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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

PPL Montana Announces Decision to Mothball Corette Coal Plant

LCG, September 20, 2012--PPL Montana, a subsidiary of PPL Corp., announced yesterday its decision to place the J.E. Corette power plant in Billings, Montana into long-term reserve status beginning in April 2015, when the Environmental Protection Agency's Mercury and Air Toxics Standards (MATS) regulations go into effect.

The PPL Montana vice president and chief operating officer stated, "Our detailed analysis has shown that to meet the emission reductions required by EPA's Mercury and Air Toxics Standards, we would need to invest $38 million in the Corette plant. We simply cannot justify that level of spending in the current wholesale power market in the Northwest."

Power market economics also influenced the decision. According to the press release, wholesale power prices have been depressed in the Northwest because of declining electricity use and an abundance of new wind energy projects subsidized by federal production tax credits.

By placing the 154-MW coal plant into long-term reserve status (i.e., mothballing the plant), PPL Montana will retain the option to return the plant to service, given the right conditions. The plant commenced commercial operations in 1968 and consumes low-sulfur coal from the Powder River Basin.
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