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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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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

Siemens Energy Receives Mega-Order from MidAmerican Energy for 448 Wind Turbines

LCG, December 18, 2013--Siemens Energy confirmed on Monday that the 1,050-MW wind turbine order it received from MidAmerican Energy Company is the largest onshore wind turbine order in the world. MidAmerican Energy's order consists of 448 Siemens wind turbines for five project sites, with a combined electric generating capacity of 1,050 MW of additional wind generation in Iowa by the end of 2015. Construction activity is underway at each of the project sites.

The CEO of Siemens Energy's Wind Power Americas business stated, "We congratulate MidAmerican Energy on its leadership in renewable energy development in Iowa and the U.S. We are very excited that MidAmerican Energy has again selected us to partner with them on its latest wind expansion projects in Iowa, allowing us to continue to supply U.S.-made blades and nacelles. The size and magnitude of this order confirms wind power's growing importance as part of a balanced energy mix in Iowa and the U.S."

Siemens Energy's Fort Madison, Iowa, facility will manufacture all the blades, and the nacelles and hubs will be assembled at the Siemens plant in Kansas. All projects will utilize Siemens' 2.3-MW, G2 platform wind turbines and will be installed at MidAmerican Energy's 500-MW Highland wind project, the 250-MW Lundgren wind project, the 138.6-MW Wellsburg wind project, and the 117-MW Macksburg wind project. MidAmerican Energy's order also included 19 wind turbines for the 44-MW Vienna II wind project expansion. MidAmerican Energy's agreement with Siemens Energy also includes a service, maintenance and warranty agreement.
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