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

Santa Monica Loses Power when Substation Explodes

LCG, Oct. 27, 2000--Explosions that ripped an underground substation in Santa Monica early yesterday morning cut power to about 16,000 Southern California Edison Co. customers. Those closest to the underground facility at Lincoln Boulevard and Colorado Avenue were expected to be without electricity until at least this afternoon.

A series of blasts rocked downtown Santa Monica at about 4:30 a.m. and, according to one eye-witness, sent a bright bluish-green flash into the air. The explosions were followed by fire that shot from a manhole but local firefighters quickly quenched the blaze.

Two unlucky newspaper circulation workers who were restocking racks at the corner were slightly injured.

SoCal Ed officials thought at first that the explosions could have been caused by rain-soaked equipment in the underground substation but have since dismissed that theory. Utility spokesman Paul Klein said emergency crews reach the site around noon and reported that damage was "extensive."

"It looks like this outage will be prolonged," Klein said. "The vault is going to require extensiverepairs."

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