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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

Newsmakers

Gerald Greenwald, a founding partner of the Greenbriar equity group, which makes private equity investments in the transportation sector, has been elected a director of Calpine Corp.. Herecently retired as chairman and chief executive from UAL Corp., parent company for United Airlines.

Ira D. Hall has been named a director of Teco Energy Inc., effective immediately. He is treasurer of Texaco Inc. and head of the company's finance department.

Joseph A. Householder has joined Sempra Energy as vice president of corporate tax. He moves to the utility holding company from PricewaterhouseCoopers, where he was a partner inthe firm's Washington, D.C., national tax office.

Lawrence L. Izzo, recently retired president and chief executive of Enron Engineeringand Construction Co. and its subsidiary, National Energy Production Co., has joined Calpine Corp. as senior vice president with responsibility for technical support and construction of Calpine's major natural gas pipelines and other gas infrastructure projects, international power projects and coal gasification projects.

Michael Morgan has been elected president of Kinder Morgan Inc., Kinder Morgan Energy Partners LP and Kinder Morgan Management LLC. He will also become the third member of the Office of the Chairman, joining Chairman and Chief Executive Richard Kinder and Vice Chairman William Morgan.

Kenneth P. Mortimer, an educator and resident of Bellingham, Wash., has been elected a director of Puget Energy Inc. He is president emeritus, University of Hawaii, and chancellor emeritus, University of Hawaii at Manoa.

John F. Riordan has been elected a director of Nicor Inc. He is president and chief executive of the Gas Technology Institute, the organization created in April 2000 by the combination of Institute of Gas Technology and Gas Research Institute.

William Weaver has been elected chairman of Puget Energy Inc., an addition tohis responsibilities as chief executive and president. Weaver, who has been with the company 33 years and has served as president and chief executive since January 1998, said in a statement that the election will aide in management planning for retirement in 2002.

Daniel Yee has been named chief information officer of the California Independent System Operator, effective July 16. Most recently, he occupied the same position with the now-defunct California Power Exchange.

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