Connecticut Seeks 2,000 MW of Offshore Wind Capacity

LCG, August 22, 2019--The Connecticut Department of Energy and Environmental Protection (DEEP) on Friday released a request for proposals (RFP) for offshore wind power projects. DEEP is seeking up to 2,000 MW, as required under Public Act 19-71, An Act Concerning the Procurement of Energy Derived from Offshore Wind.

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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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Industry News

Madison G&E Asks for Rate Hike

LCG, July 30, 2001--Madison Gas and Electric Co. said Friday it has filed an application with the Public Service Commission of Wisconsin to recover additional costs associated with "providing reliable gas and electric service."

The proposed rate change is a $12 million, or 5.8 percent increase over current electric rates and a 0.7 percent increase in gas rates. This would result in a monthly increase of $3.24 for a typical residential electric customer and an increase of 58 cents for an average residential gas customer, the company said.

Madison Gas & Electric said the request includes replacement power expenses for an extended outage at the Columbia Generating Station which is set to be out of service an extra six weeks for major generator repairs next spring. The company owns 22 percent of the plant and receives more than 40 percent of its base power needs from Columbia.

"Columbia provides a large portion of our customers' power needs," said Jeffrey Newman, MG&E vice president and treasurer. "During a plant outage, replacement power comes primarily from new, natural gas-fired plants at much higher costs."

Newman noted that the request is limited to specific issues. "We are committed to supplyingreliable power to our customers at the lowest cost possible. We will not compromise our high levelof service," he said.

Madison Gas & Electric generates, transmits and distributes electricity to 126,000 customers inDane County, Wisc., and transports and distributes natural gas to 114,000 customers in seven south-central and western Wisconsin counties.

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