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Impacts of COVID-19 Virus on Electricity Demand

LCG, March 27, 2020 -- Jeremy Platt, an energy scientist, Palo Alto has made some early analysis of impact of COVID -19 on electricity demand using the grid operators data published by LCG. Data from several areas of the country offer early and near real-time views of impacts of the economic slowdown due to evolving regional and statewide coronavirus mitigation strategies.

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California PUC Targets Doubling Renewable Energy by 2030

LCG, March 27, 2020--The California Public Utilities Commission (CPUC) yesterday unanimously approved a new emissions target for its electric sector that would double California's clean energy capacity through 2030 and effectively block new natural gas-fired electric generating facilities.

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Industry News

Calpine to Provide 3,000 Megawatts to Shell Energy

LCG, July 19, 2001Calpine Corp. and Shell Energy Service Co. said yesterday they had arranged a deal under which Calpine will sell up to 3,000 megawatts of Texas power to the oil company subsidiary.

Shell Energy will market the power in the Texas retail market, which is to begin opening up to competition beginning July 31 when 5 percent of the state's retail electric customers are given the opportunity to select alternative energy providers.

The companies declined to disclose financial details of the five-year deal which is scheduled to begin next January 1.

Calpine, which already has 2,700 megawatts of installed generation in Texas, will add another 935 megawatts at two plants scheduled to begin commercial operations by the end of this year, a company spokeswoman said.

Calpine, which has been active in the Texas generation market, said the Shell deal means it has sold 85 percent of the power it can produce in the Lone Star State.

The Texas customer choice program was originally scheduled to begin on June 1, but computer problems at the state's independent system operator delayed the start. The Texas retail power market is slated to be fully open by January 1 of next year.

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