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Tampa Electric Plans to $800 Million Investment in New Solar Power Generation

LCG, February 24, 2020--Tampa Electric recently announced plans to expand its use of solar power to meet customer needs in Florida. The company plans to invest approximately $800 million to add 600 MW of solar electric generating capacity by the end of 2023, when the total solar capacity would exceed 1,250 MW. Solar power will then account for about 14 percent of the utility's energy.

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AWEA Issues Fourth Quarter 2019 Market Report

LCG, February 7, 2020--The American Wind Energy Association (AWEA) recently released its new U.S. Wind Industry Fourth Quarter 2019 Market Report. AWEA reports new wind turbine installations have added 5,476 MW of electric generating capacity during the fourth quarter, which results in 2019 installations totaling 9,143 MW. The total installations represent an increase over 2018, but the total for 2019 falls short of total annual installations for 2015 and 2016. In addition to new capacity additions, developers completed 2,500 MW of turbine repowerings for the year.

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Press Release

ERCOT 2019 Summer Quarter Outlook


LCG, May 29, 2019-- LCG released a new summer (June – September 2019) report that looks at how the ERCOT grid copes with strained network conditions. Resource adequacy analysis for the region is especially important during extreme summer loading conditions. This summer the network is under particular scrutiny as the reserves have tightened because of recent retirements.

This report examines a Base Case, a High Generation Outage Case, a Low Wind Case and a High Load Case. It discusses which strained conditions might affect energy prices, Operating Reserve Demand Curve (ORDC), Peaker Net Margin (PNM), and congestion.

LCG performed this study based on hourly dispatch using its proprietary UPLAN Network Power Model and PLATO-ERCOT data model. LCG has been modeling energy systems for more than 30 years and continuously maintains 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 summer quarter outlook, please contact us at julie.chien@energyonline.com. For more in depth analysis, LCG can provide tailored output to include individual generator performance, hourly nodal prices, congestion, and more.

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