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News
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LCG, September 23, 2021--Duke Energy Sustainable Solutions, a nonregulated commercial brand of Duke Energy, earlier this week announced the construction of the 207-MW Ledyard Windpower project in Kossuth County, Iowa. Verizon Communications entered into a 15-year virtual power purchase agreement (VPPA) for 180 MW of the wind energy for 15 years to meet its net-zero goals.
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LCG, September 16, 2021--The Governor of Illinois yesterday signed into law SB 2408, a wide-ranging bill that will significantly impact the electric sector, along with impacts on the transportation sector, jobs and communities. The legislation requires 100 percent carbon free energy by 2045 and targets a path to achieve 100 percent renewables by 2050.
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Industry News
Texas Solar Project Sold to CIP
LCG, July 31, 2020—An affiliate of Copenhagen Infrastructure Partners has completed purchase of a 350 MW solar photovoltaic project near the Houston metro area from Solar Plus Development Inc. and Avondale Solar. The project, Fighting Jays Solar, was sold July 22 and is expected to break ground by summer 2022, according to the companies' press release.
Earlier in the month, Shell Energy North America entered into a long-term hedge agreement with the project to purchase power.
The day after the sale was complete, Copenhagen Infrastructure Partners issued a Notice to Proceed to Centerpoint Energy to start construction on a substation that will permit interconnection with ERCOT.
The sale was initially announced in March. At that time the project was slated to be 440 MW and to break ground in 2020. Financial details have not been released.
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LCG Consulting of Los Altos, California was commissioned by Rohit Ogra, Co-Founder of AP Solar, to perform an economic analysis to assess the plant performance and congestion risks using LCG’s proprietary UPLAN Network Power Model and PLATO data model for ERCOT.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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PowerMax
Day-ahead and real-time portfolio revenue optimization
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Generator X
Generation and Transmission Planning and Optimization
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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