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Xcel Energy, EVRAZ North America and Lightsource BP Announce 250-MW Solar Project in Colorado

LCG, October 1, 2019--Xcel Energy, EVRAZ North America and Lightsource BP announced Friday that they have reached a long-term agreement to develop a 240-MW solar facility in Colorado. Lightsource BP will finance, build, own and operate the Bighorn Solar project and sell all the electricity it generates to Xcel Energy under a long-term power purchase agreement (PPA). The project will be built on EVRAZ Rocky Mountain Steel property in Pueblo, making it the largest on-site solar facility dedicated to a single customer in the country.

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Duke Energy Plans to Pursue Second Nuclear Operating License Renewals for Nuclear Fleet

LCG, September 20, 2019--Duke Energy announced yesterday that it will seek to renew the operating licenses of the 11 reactors it operates at six nuclear stations in the Carolinas for an additional 20 years. The company plans to submit the license renewal application for Oconee Nuclear Station in 2021, followed by its other nuclear stations.

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Press Release

ERCOT 2017 Spring Quarter Outlook


LCG, March 27, 2017--Earlier this year LCG Consulting published a first quarter (Jan – March 2017) study looking at how the ERCOT grid can cope with strained network conditions. LCG just released a new report that extends the analysis to the 2017 spring season (March through May). Weather is a key factor in considering resource adequacy for the region, and spring is a season that sees significant maintenance work before more extreme summer loading conditions.

This report examines a Base Case, A high Generation Outage Case, and a High Generation Outage/High Load Case. It discusses how prices vary between zones, and what kind of congestion and curtailment stakeholders can expect and where it can be expected.

LCG performed this study using 5-minute dispatch and its proprietary UPLAN Network Power Model. LCG has been modeling energy systems for more than 30 years and continuously sustains the most up-to-date information on every detail of the Texas grid, from minor and major transmission upgrades to gas prices and weather patterns.

If you are interested in receiving the full spring quarter outlook, please contact us at julie.chien@energyonline.com. For more in depth analysis, LCG can provide tailored datasets, such as individualized generator performance, hourly prices, and much more.

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Annual summary of prices, congestion and important events in ERCOT
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