EnergyOnline

PRESS RELEASE

Impacts of High Variable Renewable Energy Futures on Wholesale Electricity Prices, and on Electric-Sector Decision Making

May 23, 2018 -- Lawrence Berkeley Lab partnered with LCG Consulting to develop a large number of variable renewable energy (VRE) scenarios to derive future generator portfolios and hourly price and emissions series. The main objective of this exercise is to offer policymakers, utilities and grid authorities a long-range view of how current choices could impact their future ability to cope with changes in the electric sector.

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Get a good picture of ERCOT in LCG’s newly released 2018 ERCOT Outlook

LCG, March 21, 2018 --Texas continues to experience an unprecedented transformation in its energy industry. The state saw record wind energy production in 2017 and will continue to see wind growth through 2018. Large transmission projects and upgrades have taken place. New import and export capabilities are on the horizon, such as through the integration of Lubbock Power & Light and the possible Southern Cross transmission project.

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ERCOT 2017 Summer Quarter Outlook

LCG, July 13, 2017-- Earlier this year LCG Consulting published two quarterly reports, January – March, 2017 and March – May 2017, looking at how the ERCOT grid can cope with strained network conditions. LCG just released a new report that covers the analysis for the 2017 summer season (June through September). Extreme loading is a key factor in considering resource adequacy for the region during summer season.

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NEWS

Ameren Missouri to Acquire 400-MW Wind Farm

LCG, May 23, 2018--Ameren Missouri, a subsidiary of Ameren Corporation, Monday announced that it has entered into an agreement to acquire, after construction, a 400-MW wind farm in northeast Missouri. The project will include 175 wind turbines to be installed by an affiliate of Terra-Gen, LLC. Construction is expected to commence in summer 2019.

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LCG teams up with Scientists at Lawrence Berkeley National Lab to assess electricity policies in a high renewable environment

LCG, May 16, 2018 – With the help of LCG experts and the modeling engine, UPLAN, researchers at Lawrence Berkeley National Laboratory published a report today examining a high renewable energy environment and existing electricity sector policies, rather than the tradition generation mix that has historically been used to look at policy decisions.

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Energy Market Forecasts and Actuals

MarketVision Forecasts
CAISO Jun 2018
Energy Price (Actuals)
ERCOT $25.28
MISO $24.58
NYISO $10.62
NEISO $30.46
CAISO $23.1
PJM $22
Load (Actuals)
ERCOT 55697 MW
MISO 87699 MW
NYISO 17342 MW
NEISO 11687 MW
CAISO 26524 MW


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