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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

Kemper County IGCC Project Achieves Commercial Operation of Combined Cycle Unit

LCG, August 18, 2014-Mississippi Power, a subsidiary of Southern Company, announced yesterday that Mississippi Power's Kemper County IGCC (Integrated Gasification Combined Cycle) combined cycle unit has been placed into commercial operation and is now available to serve Mississippi Power customers' energy needs during the remaining summer months.

Mississippi Power's Vice President of Generation Development stated, "This is a major success for the Kemper project, and it's all thanks to the men and women who have worked safely and dedicated their time and hard work to make it happen."

Plant Ratcliffe, located in Kemper County, Mississippi, is a 582-MW, state-of-the-art IGCC facility. The facility includes gasifiers that will convert lignite, mined at the plant, into synthesis gas. The project is also connected to a natural gas pipeline. The facility is further designed to capture approximately 65 percent of the carbon dioxide emissions, which will then be compressed and transported via a new, 61-mile pipeline to inject underground and support Enhanced Oil Recovery (EOR) operations.

In December 2010, Mississippi Power held the ground breaking ceremony for the project. The plant was originally synchronized to the grid on October 5, 2013 during testing that used natural gas as fuel. Since that time, critical testing has occurred on various components. The project reached two major milestones last month, with the testing of the combined cycle unit and pressure testing of both gasifiers. Testing has now culminated with the combined cycle unit passing all applicable performance and environmental tests and being made available at full output for commercial operation.

Later this year, another key project milestone - the first gasifier heat up ??? is scheduled to occur. The IGCC facility is scheduled to begin operation in the second quarter 2015.
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