Federal Government uses UPLAN model to examine price volatility in ERCOT

LCG, October 11, 2022--The U.S. Energy Information Administration, or EIA, released its latest supplement to the Short-Term Energy Outlook (STEO) in the Texas market, assessing various possible scenarios using LCG’s UPLAN NPM model, with a special focus on the effects on wholesale power prices and market conditions.

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Michigan Governor Supports Reopening Palisades Nuclear Facility

LCG, September 16, 2022--The Governor of Michigan last week sent a letter to the U.S. Department of Energy (DOE) in support of Holtec International’s application for a federal grant under the Civil Nuclear Credit (CNC) program to save the Palisades Nuclear Facility in Southwest Michigan. The federal grant could result in restarting the baseload, carbon-free, nuclear power plant.

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Industry News

Enel Green Power Moves Forward with Installing More Renewable and Storage Capacity in Texas

LCG, July 22, 2022--Enel Green Power announced Wednesday the completion of hybrid wind project, Azure Sky Wind + Storage, and the installation of new battery energy storage systems at the operating Roadrunner and High Lonesome renewable project sites. Through these projects in Texas, Enel Green Power continues its renewables + storage expansion with 350 MW in new generation capacity and 251 MW/376 MWh of battery storage.

The head of Enel Green Power in the US and Canada stated, “We're committed to connecting Texans with clean and cost-effective electricity through our renewable projects. The Azure Sky Wind + Storage project and storage additions at Roadrunner and High Lonesome help to add measurable value in the form of storage capacity and reliability to support the state's electricity system. Enel Green Power's projects provide more generation, more resource diversity, and more dispatchable storage – three key elements of Texas's goal to reform its power grid.”

Azure Sky Wind + Storage is Enel Green Power's first large-scale hybrid wind project globally. The project, located in Throckmorton County, includes a 350 MW wind facility and a battery energy storage system (BESS) rated at 137 MW/205 MWh. Enel Green Power signed an aggregated power purchase agreement (PPA) with corporate partners Akamai, MilliporeSigma, Synopsys and Uber. Kellogg Company, HP Hood and lululemon also signed PPAs to purchase clean energy output.

Enel has added grid-connected battery systems at the Roadrunner Solar and High Lonesome Wind projects. Each battery system adds 57 MW/86 MWh of storage capacity to the grid, supporting grid reliability in a state often experiencing high demand from elevated temperatures and extreme weather. The storage systems also help balance intermittent generation from the renewables-saturated western region of ERCOT. With a total of 170 MWh of energy storage capacity between the two projects, Enel can dispatch flexible capacity, providing services to support resiliency amid shifting grid conditions in ERCOT. Enel plans to operate a portfolio of 12 battery energy storage systems able to store over 1,290 MWh in Texas by early 2023.

Enel is pursuing an aggressive growth strategy n the US and Canada, with plans to add 6.5 GW of new renewable generation and 2,600 MWh of storage capacity by the end of 2024.
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