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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

Massachusetts OKs Southern Union Acquisitions

LCG, Sept. 11, 2000Southern Union Co. said on Friday that the Massachusetts Department of Telecommunications and Energy has approved its acquisitions of Fall River Gas Co. and Providence Energy Corp.

According to the company, all other required approvals have been granted and both transactions are expected to close by the end of the month, after necessary paperwork has been completed.

"The receipt of the Massachusetts approvals marks the final step in consummating these excitingmergers," said Peter H. Kelley, president and chief operating officer of Southern Union Company. "Southern Union is looking forward to implementing its technology-based customer service initiatives in these service territories."

James Dodge, chairman, president and chief executive officer of Providence Energy, said "The approval by the MDTE represents the final regulatory approval necessary to bring our merger with Southern Union to completion. We can now move forward to finalize this transaction, which we expect toclose by the end of September, and begin our exciting new role as their New England hub."

The MDTE also issued an order approving the merger into Providence Energy of its wholly owned subsidiary North Attleboro Gas Co., which serves about 3,800 customers in Massachusetts, near the Rhode island border. That action cleans up the bill of sale for Southern Union's purchase.

Southern Union said its pending acquisition of Valley Resources Inc. had been approved by the Rhode Island Division of Public Utilities and Carriers and is expected to close on September 20.

The three acquisitions will add about 300,000 customers for Southern Union, making it, in the company's words, "one of the fifth largest natural gas distributors in the nation."

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