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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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Dominion Energy Virginia Pursues 500 MW of Renewable Projects

LCG, August 8, 2019--Dominion Energy Virginia announced Monday that it is seeking bids for up to 500 MW of renewable capacity in both 2021 and 2022 to increase its clean energy resources. Dominion Energy stated that it is committed to having 3,000 MW of solar and wind in operation or under development in Virginia by 2022. This near-term step is part of an ultimate company commitment to reduce carbon emissions by 80 percent by 2050 across the 18 states it serves.

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Industry News

Newsmakers

Rafael Abati has been appointed general manager of Sempra Energy Europe Espaa, the new Madrid office of Sempra Energy Inc.'s trading subsidiary. Previously, he was with Madrid-based SKS Energy Trading, which he co-founded in 1998.

Douglas T. Hickey has been appointed a director of Plug Power Inc., a maker of fuel cells. He is chief executive and a director of Critical Path Inc., a provider of business-to-business Internet messaging services for the wireless, Internet-centric, telecommunication and corporate markets.

V. J. Horgan has returned to Dallas as president of TXU Energy Trading, a wholly-owned subsidiary of TXU Corp. She most recently was president of Aquila Merchant EnergyPartners in Kansas City.

Richard WoolworthNorthwest Natural Gas Co. He is chairman and chief executive of The Regence Group, a Western affiliation of health plans in Oregon,Washington, Idaho and Utah.

Changes at Energy East Corp.
Energy East Corp., the former New York State Electric & Gas Co., has announced changes in its management and board resulting from its mergers with CMP Group and CTG Resources.

  • David T. Flanagan, president and chief executive of CMP Group, has been named president and a director of Energy East.

  • David M. Jagger, president and treasurer of Jagger Brothers Inc. and a former CMP director, has joined the Energy East board.

  • Peter J. Moynihan, a former senior vice president and chief investment officer of Unum Corp. and previously a director of CMP, has become an Energy East director.

  • Michael W. Tomasso, vice president of Tomasso Brothers Inc. and a former CTG Resources director, is now a director of Energy East.

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