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

Cleco, Calpine in 20-Year Fuel-for-Power Deal with Aquila

LCG, Oct. 23, 2000--Cleco Corp. and Calpine Corp. announced jointly on Friday they have signed a 20-year contract with Aquila Energy, a subsidiary of UtiliCorp United Inc., for 580 megawatts of the output of their 1,000 megawatt Acadia Power Project currently under construction in Acadia Parish, La.

Calpine and Cleco Midstream Resources each have a 50 percent interest in Acadia Power Partners, which owns the 1,000 megawatt combined-cycle plant. Construction on the unit began in July and is on schedule for completion by June 2002.

Under the arrangement, called a "tolling agreement" in the trade, Aquila Energy will supply the natural gas needed to generate 580 megawatts of electricity and will own and market the produced power. The agreement goes into effect July 1, 2002.

Cleco is the holding company for the former Central Louisiana Electric Co., the utility that started out as an ice house in 1914. The ice house had a 50 kilowatt generator to run its refrigeration equipment and sold a little power on the side. By 1934, that had grown to be Louisiana Ice & Electric Co. and the rest, as they say, is history.

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