EIA Publishes Study on High Renewables Growth Impact in WECC Markets using UPLAN

LCG, July 19, 2024 – A working paper published by the U.S. Energy Information Administration (EIA) utilized the UPLAN model to study the impact of high renewables growth in the Western Electric Coordinating Council (WECC) markets.

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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

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Industry News

Kansai Electric in U.S. Merchant Power Venture

LCG, Aug. 29, 2000--Kansai Electric Power Co., Japans second-largest electric utility, said this morning that will enter the U.S. merchant power market in a joint venture with the American investment bank Morgan Stanley Dean Witter.

The joint venture will cost between $50 million and $100 million to establish and will be owned equally by the two firms. It will be named Naniwa Energy.

The Osaka-based Kansai said it will send to the U.S. six gas turbines currently being used as peaking units in western Japan. Kansai said it would sell the units, which have a total capacity of 360 megawatts, to Naniwa for an undisclosed amount.

Naniwa expects to begin producing power in the U.S. by next June and will also trade electricity on the U.S. market through a new unit, Kansai said.

Japans electric industry is in the early stages of restructuring. In the latest move, independent power producers were allowed in March to begin selling power to industrial and commercial customers on bilateral contracts.

A Kansai official said operating the generating units in the U.S. and trading on the American power market will give his company first-hand experience in a deregulated electric industry.

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