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

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.

Read more

Industry News

Ground-Breaking Ceremony Held for 250-MW Moapa Southern Paiute Solar Project in Nevada

LCG, March 26, 2014 - Construction on the 250-MW Moapa Southern Paiute Solar Project commenced late last week. The project, located on 2,000 acres of the Moapa River Indian Reservation just north of Las Vegas, Nevada, is scheduled to be fully operational at the end of 2015.

The project owner is Moapa Southern Paiute Solar, LLC (a subsidiary of First Solar Electric, LLC). The Los Angeles Department of Water and Power (LADWP) has 25-year Power Purchase Agreement (PPA) for the electricity produced by the energy facility.

In September 2013, First Solar announced that it had acquired the Southern Paiute Solar Project from K Road Power. The project will use First Solar?s advanced photovoltaic (PV) thin film solar modules. The project also includes an onsite substation and a new, 5.5 mile 500 kV transmission line to connect to the existing Crystal Substation, which provides access to California.

"The Moapa Southern Paiute Solar Project is a significant step toward the Los Angeles Department of Water and Power's effort to achieve a major transformation of the city's power supply?one that has greater reliance on renewable energy resources and zero coal power," said the LADWP General Manager.

The project supports LADWP's goal to expand renewable energy to 33 percent of its total power supply and to terminate the use of coal power. After the Moapa Southern Paiute Solar Project commences operations, LADWP anticipates ending receipt of coal-fired electricity from the Navajo Generating Station located in Arizona) by the end of 2015.

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