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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

Commission Approves Entergy Louisiana's Proposed 980-MW Combined-cycle Plant

LCG, November 23, 2016--Entergy Louisiana, LLC announced last Thursday that it has received approval from the Louisiana Public Service Commission (LPSC) to construct a natural gas-fired, combined-cycle power plant in St. Charles Parish. With the approval, Entergy Louisiana plans to proceed to install the 980-MW electric generating facility, which is scheduled to commence commercial operations by June 2019.

The president and CEO of Entergy Louisiana stated, "Entergy Louisiana's investment in the St. Charles Power Station will power the lives of Louisiana residents for generations to come. We appreciate the Louisiana Public Service Commission's comprehensive review and decision on our proposal to build this much-needed plant."

Entergy Louisiana estimates the cost of the project to be approximately $869 million, including transmission and other project-related costs. The project site is located about 30 miles from New Orleans. Once the project is completed, Entergy Louisiana will employ approximately 27 people to operate the plant.

The new plant's high efficiency is forecast by Entergy Louisiana to result in customer savings exceeding $1.3 billion over the anticipated 30-year life of the unit. The customer savings are estimated to exceed the project's construction cost in less than 10 years.
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