AWEA Issues Fourth Quarter 2019 Market Report

LCG, February 7, 2020--The American Wind Energy Association (AWEA) recently released its new U.S. Wind Industry Fourth Quarter 2019 Market Report. AWEA reports new wind turbine installations have added 5,476 MW of electric generating capacity during the fourth quarter, which results in 2019 installations totaling 9,143 MW. The total installations represent an increase over 2018, but the total for 2019 falls short of total annual installations for 2015 and 2016. In addition to new capacity additions, developers completed 2,500 MW of turbine repowerings for the year.

Read more

Duke Energy Florida Announces New Solar Power Projects

LCG, January 29, 2020--Duke Energy Florida (DEF) Monday announced the locations of its two newest solar power plants that will provide a combined installed capacity of nearly 150 MW. DEF is investing an estimated $1 billion to construct or acquire a total of 700 MW of cost-effective solar power facilities from 2018 through 2022 in Florida, and planning for another 1,500 MW of solar generation through 2028.

Read more

Industry News

UK to Push Hydroelectric Expansion

LCG, July 20, 2001Brian Wilson, the new energy minister in Britain's Labour government, was expected to announce plans today for an expansion of hydroelectric power as a means for the UK to meet climate change targets.

The proposals are expected to set in motion a 250 million ($350 million U.S.) hydroelectric program by Scottish and Southern Plc, the Financial Times said. Scottish and Southern is the UK's largest hydroelectric generator.

Wilson's plan is to extend the government's renewables program to include all new hydroelectric facilities and recondition plants of up to 20 megawatts, instead of the earlier limit of 10 megawatts. The proposal would likely draw fire from environmentalists who claim larger facilities damage eco-systems and endanger wildlife.

Earlier this week, Wilson said that if the UK is to increase its reliance on renewables from the present 3 percent to the target of 10 percent of British generation "there has to be some give and take from environmentalists."

Wilson added, "The government is expected to create a 1 billion market for renewable energy by 2010. The main driver for this will be the renewables obligation so it is crucial that this mechanism encompasses hydroelectric power."

Scottish and Southern owns 56 hydroelectric plants in Scotland with a combined capacity of about 1,000 megawatts.

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...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service