Connecticut Seeks 2,000 MW of Offshore Wind Capacity

LCG, August 22, 2019--The Connecticut Department of Energy and Environmental Protection (DEEP) on Friday released a request for proposals (RFP) for offshore wind power projects. DEEP is seeking up to 2,000 MW, as required under Public Act 19-71, An Act Concerning the Procurement of Energy Derived from Offshore Wind.

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EIA Publishes Regional Electricity Supply and Pricing Forecasts Using UPLAN Model

LCG, August 13, 2019--The U.S. Energy Information Administration (EIA) announced that it is revising the presentation and modeling of its forecasts for electricity supply and market hub pricing to better reflect current electricity markets and system operations in the U.S. Beginning with the August 2019 Short-Term Energy Outlook (STEO), the new forecasting approach models electricity markets using the UPLAN production cost optimization software developed by LCG Consulting. EIA uses the solution results provided by this proprietary model to develop the STEO forecasts of monthly electricity generation, fuel consumption, and wholesale prices.

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Industry News

FERC Draft Gives Buccaneer Pipeline Eco-okay

LCG, Sept. 1, 2000The Federal Energy Regulatory Commission has concluded in a draft environmental impact statement that an offshore natural gas pipeline from Alabama to Florida would have limited adverse environmental impact and would be an environmentally acceptable action.

The proposed Buccaneer Gas Pipeline, a joint venture between Duke Energy Corp. and The Williams Cos., would extend about 675 miles across the Gulf of Mexico, transporting gas to Florida which is expected to suffer a shortage once new independently-owned gas-fired power plants are permitted to be built in the state.

Frank Ferazzi, a Buccaneer senior vice president, said the company was committed to build the pipeline "in a responsible, environmentally sensitive manner."

The venture expects to receive final approval from FERC later this year. "The last piece of the puzzle we are now seeking is a final Environmental Impact Statement, followed by a FERC Certificate of Public Convenience and Necessity," Ferazzi said in a statement.

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