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

Duke, Williams to Buy Rival Pipeline Project

LCG, Nov. 20, 2000--Subsidiaries of Duke energy Corp. and The Williams Cos. said Friday that planned to purchase the Gulfstream Natural Gas System project from The Coastal Corp. and would scrap plans of their own for the Buccaneer pipeline project.

The two projects are almost identical, bringing natural gas from Alabama, about 750 miles across the Gulf of Mexico, to the Tampa, Fla. area. Gulfstream is about a year ahead of Buccaneer in development and has lined up 10 customers to serve when it becomes operational in 2002.

The sale by Coastal is a requirement of the company's merger with El Paso Energy Corp., set by the Federal Trade Commission. David A. Arledge, chairman and chief executive of Coastal called the sale a "significant step forward" in completing the merger.

"Until the merger is complete, Coastal will continue to develop and market Gulfstream, will ensurethat the project moves forward as scheduled and will remain fully committed to its many stakeholders in Florida," Arledge said.

Cuba Wadlington Jr., president and chief executive of Williams' gas pipeline group, said "We have recognized for some time that the market will support only one new pipeline into the State of Florida. The market will now be able to clearly see a single, viable competing pipeline into the state."

Florida observers agreed. "The conventional thinking from most of the experts was that only one of the pipelines would be approved," said Mark Ferrulo, director of the public interest advocacy organization, the Florida Public Interest Research Group. "The market wouldn't have supported both of the projects."

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