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NRC Issues Subsequent License Renewals for First Time to Nuclear Reactors in Florida

LCG, December 11, 2019--The Nuclear Regulatory Commission (NRC) staff recently approved Florida Power & Light's (FPL's) application for an additional 20 years of operation for Turkey Point Nuclear Generating Units 3 and 4. This is the first time the NRC has issued renewed licenses authorizing reactor operation from 60 to 80 years. The subsequent (or second) license renewals (SLRs) for Turkey Point Unit 3 and Unit 4 now expire on July 19, 2052 and April 10, 2053, respectively.

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New York Poised to Close Last Coal-fire Power Plant

LCG, December 4, 2019--The last operating coal-fired power plant in New York is moving toward closure shortly. Last month, Somerset Operating Company, a subsidiary of Riesling Power LLC, submitted a request to the New York State Public Service Commission (NYSPSC) to waive the state's required, 180-day notice to close the Somerset Station, allowing the facility to be retired on February 15, 2020. Closure is contingent on approvals by both NYSPSC and the New York Independent System Operator (NYISO), which will evaluate if it will cause an adverse effect on grid reliability.

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Industry News

Surviving and ThrivingIn the RTO/ISO Environment

Dr. Rajat K. Deb, head of LCG Consulting and publisher of EnergyOnline Daily News, is author with some of his staff of an article, Surviving and Thriving in the RTO Revolution, appearing in the February 1 issue of Public Utilities Fortnightly. He was asked to share some of his thoughts with our readers.

By Rajat K. Deb

LCG, Feb. 9, 2001-In Order 2000, the Federal Energy Regulatory Commission (FERC) requires Regional Transmission Organizations (RTOs), including for-profit Transcos and non-profit Independent System Operators, to meet a number of criteria in their design, implementation, and management of the transmission grid. But to survive and thrive, RTO must learn to do much more and with better tools attuned to the task.

On the surface, RTOs perform a concise list of transmission-related functions, assigned to them by the FERC. First, RTOs must to design and collect transmission tariffs. Second, RTOs must manage various functions of grid operations in the short term, such as congestion, ancillary services, loop flows, and OASIS the interface with the grid customer. At the same time, RTOs will take the lead in long-term planning for future grid design and construction. And finally, the RTO acts as the official regional transmission "czar," coordinating grid operations with other regions and overseeing the efficiency and fairness of regional markets.

Yet the real job of running an RTO may prove more complex. Consider the events of last year in California and the West, and the difficulties experienced by the California Independent System Operator. This experience suggests that the job of the RTO goes far beyond the managing the nominal transmission sector.

Like it or not, RTOs inevitably must engage in integrated resource planning. Of course, it is true that under a market-driven restructuring, the choice and manner of deployment of generation and transmission capacity represent separate business decisions. Yet, these two segments remain interdependent.

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