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

Iberdrola Commissions Three Wind Farms Across the U.S.

LCG, January 24, 2013--Iberdrola announced early this week that its installed capacity has increased by 265 MW following the commissioning of three wind farms located in California, New Hampshire, and Massachusetts.

The largest of the three wind farms is the 189-MW Manzana Wind Farm, located in the Tehachapi area near the town of Rosamond, California. The project includes 126 of GE's 1.5-MW wind turbines. San Diego Gas & Electric (SDG&E) has a 20-year power purchase agreement (PPA) for 100 MW of the plant output, and the City of Santa Clara?s Silicon Valley Power (SVP) has a 20-year PPA for 50 MW.

In New Hampshire, the 48-MW Groton Wind Farm is sited along two ridge features in the town of Groton and consists of 24 Gamesa G87, 2.0-MW wind turbines.

The third project is the 28.5-MW Hoosac Wind Power Project, located in Massachusetts. The project includes 19, 1.5-MW turbines from GE, and all of the energy is under a PPA with NSTAR Electric, a subsidiary of Northeast Utilities.
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