EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Offshore Wind Projects Receive Boost from Massachusetts and Biden Administration

LCG, March 31, 2021--The Governor of Massachusetts signed legislation last Friday that authorizes the state to direct utilities to purchase an additional 2,400 MW of offshore wind energy by 2027.

Read more

NV Energy's Greenlink Nevada Transmission Project Approved by PUCN

LCG, March 25, 2021--The Public Utilities Commission of Nevada (PUCN) on Monday approved proceeding with NV Energy's Greenlink Nevada transmission and renewable energy initiative. NV Energy's planned investment in Greenlink is over $2.5 billion.

Read more

Industry News

Attorney General Asks Regulators to Cut Con Edison Rates

LCG, Aug. 25, 2000--New York State Attorney General Eliot Spitzer said at a news conference yesterday that he had asked the state Public Service Commission to "immediately" return the electricity rates of Consolidated Edison Co. of New York to last years levels.

Yesterday morning, Spitzer said he had "filed an action" against Con Edison and would announce the details at a news conference in the afternoon. Those were the details.

"Last summer was one of the hottest on record, this summer is one of the coolest, yet Con Ed's bills are up by 30 percent and more," the states top cop complained. He said the "action" he had filed was a petition asking regulators to roll back the rates while it was acting on an earlier request he made to deny the utility authority to pass changes in its purchased power costs through to ratepayers.

If the commission doesnt act on his request, he said, he will ask the legislature to remove the regulators authority to deregulate the electric industry. "They will react quickly," he predicted, adding he expects a reply within a week.

He got a reply within minutes. PSC Chairwoman Maureen Helmer, in a statement released later in the afternoon, accused the attorney general of "political grandstanding" and noted that Spitzer "is already a party to the PSC's ongoing discussions examining Con Ed's rates and seeking additional money for the ratepayers."

" It would be nonsensical for us to address his petition prior to the conclusion of the current proceeding to which he is already a party," she said.

Copyright © 2021 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
Generator X
Generation and Transmission Planning and Optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketVision
Daily LMP Forecast for ERCOT
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service