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EIA Publishes Regional Electricity Supply and Pricing Forecasts Using UPLAN Model

LCG, August 13, 2019--The U.S. Energy Information Administration (EIA) announced that it is revising the presentation and modeling of its forecasts for electricity supply and market hub pricing to better reflect current electricity markets and system operations in the U.S. Beginning with the August 2019 Short-Term Energy Outlook (STEO), the new forecasting approach models electricity markets using the UPLAN production cost optimization software developed by LCG Consulting. EIA uses the solution results provided by this proprietary model to develop the STEO forecasts of monthly electricity generation, fuel consumption, and wholesale prices.

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Dominion Energy Virginia Pursues 500 MW of Renewable Projects

LCG, August 8, 2019--Dominion Energy Virginia announced Monday that it is seeking bids for up to 500 MW of renewable capacity in both 2021 and 2022 to increase its clean energy resources. Dominion Energy stated that it is committed to having 3,000 MW of solar and wind in operation or under development in Virginia by 2022. This near-term step is part of an ultimate company commitment to reduce carbon emissions by 80 percent by 2050 across the 18 states it serves.

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Industry News

TVA Considering Options for Unfinished Nuke

LCG, July 5, 2001Tennessee Valley Authority's unfinished Bellefonte nuclear power plant in Hollywood, Ala., the nation's most recently abandoned atomic power project, may produce electricity yet.

TVA, a taxpayer-owned utility managed by political appointees, has sunk more than $6 billion into Bellefonte, which has been mothballed since 1988 when the agency halted construction after 14 years of effort. It is the only unfinished twin-reactor plant in the United States that has not been scrapped by its owner.

Earlier this week, Jack Bailey, vice president of engineering and technical services, was selected to lead a special project considering options for Bellefonte.

"Bellefonte has the potential to be a valuable, productive asset to the corporation," TVA Directors Skila Harris and Glen McCullough said in a joint statement. "Jack's experience makes him uniquely qualified to evaluate and review all options from all perspectives."

TVA is still considering finishing the plant, and will be looking at options that would not jeopardize that possibility. Agency officials believe a large coal-fired plant could be built on the site, a prospect that could make environmentalists nervous.

Last year, Dr. Stephen Smith, director of the Southern Alliance for Clean Energy, pointedout that coal-burning plants in Tennessee contributed 352,000 tons of smog-forming nitrogen oxide, 775,000 tons of acid rain causing sulphur dioxide, 4,109 lbs. of mercury, and 103,633, 836 tons of the greenhouse gas carbon dioxide into the air.

A lot of the nitrogen oxide came from TVA's Chattanooga coal-burner, which is the worst industrial facility in the United States for spewing NOx. In 1996, the plant emitted 105,120 tons of the stuff.

TVA also leads the nation when it comes to putting sulphur dioxide into the air. Its Cumberland Steam Plant emitted 346,171 tons of SO2 in 1996.

TVA is also considering the Bellefonte site for a coal gasification project it would jointly develop with Texaco. That project would provide enough fuel for about 1,500 megawatts of gas-fired electric generation.

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