U.S. Department of Energy Announces First Awards under Advanced Reactor Demonstration Program

LCG, October 16, 2020--The U.S. Department of Energy (DOE) this week announced it has selected two U.S.-based teams to receive $160 million in initial funding under the new Advanced Reactor Demonstration Program (ARDP).

Read more

PSEG Files Application to Extend Zero Emission Certificates (ZECs) for New Jersey's Carbon-Free Nuclear Power Facilities

LCG, October 2, 2020--PSEG yesterday filed applications to extend Zero Emission Certificates (ZECs) for the Salem and Hope Creek nuclear power plants in Salem County in order to preserve New Jersey's largest carbon-free source of electricity and to help New Jersey achieve its clean energy goal of 100 percent carbon-free energy supply by 2050.

Read more

Industry News

Teco Plans Power Plant Fueled by Gas from Petroleum Coke

LCG, Nov. 17, 2000--Teco Power Services Corp., an affiliate of Tampa Electric Co., said yesterday it plans to build an 850 megawatt power plant in Lake Charles, La. The facility will be built next door to a Citgo Petroleum Corp. refinery and be fueled by gas produced from petroleum coke.

Under a memorandum of understanding between Teco and Citgo, the oil company will supply the power plant with petroleum coke, a byproduct of the oil refining process. Teco will convert the coke to gas using a gasification process developed by Texaco Development Corp. The power plant will also burn excess refinery fuel gas.

The power plant will use 180 megawatts of its own power to operate the gasification process and sell the remaining 670 megawatts into the regional wholesale power market, the company said. Steam from the power plant will be used by Citgo to generate electricity in its own plant for refinery use.

As part of the deal, Texaco has the right to take a 50 percent ownership in the project. Citgo is a subsidiary of government owned oil monopoly Petroleos de Venezuela.

Copyright © 2020 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue 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