EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Tokyo-based Electric Power Subsidiary partners with AP Solar in 400 MW Texas Solar Project

LCG, August 6, 2020—J-Power USA Development Co, a subsidiary of the Electric Power Development Co. headquartered in Tokyo, has joined a joint venture to develop a 400 MW Texas solar project.

Read more

Texas Solar Project Sold to CIP

LCG, July 31, 2020—An affiliate of Copenhagen Infrastructure Partners has completed purchase of a 350 MW solar photovoltaic project near the Houston metro area from Solar Plus Development Inc. and Avondale Solar.

Read more

Industry News

L.A. Gets $181 Million from Municipal Utility

LCG, Nov. 27, 2001--Commissioner of the Los Angeles Board of Water and Power -- governors of the city's huge municipal utility -- have approved a transfer of $181,400,000 to the city's general fund for the current fiscal year.

The Los Angeles City Council was scheduled to vote today on whether the utility -- the Los Angeles Department of Water and Power -- should hang onto its interest in the Mohave coal-fired power plant in Nevada. A lot of that $181,400,000 was produced by LADWP sales of surplus power to the California independent System Operator and the California Department of Water Resources at top dollar.

The LADWP's annual transfer to the city of Los Angeles equals 5 percent of the utility's gross revenues for water and electric services, and this year's infusion of cash to the city was about 25 percent higher than last year's, as the result of power sales.

About 85 percent of the transfer, or $154,153,000 will come from LADWP's Power Revenue Fund.

"We are fortunate that in the midst of the city's economic downturn, the Department of Water and Power is able to make its contribution to the city," said Mayor James K. Hahn. "These funds will go a long way to help the city continue to provide vital services such as fire and police protection, libraries and recreational facilities."

"This transfer demonstrates one of the benefits of public power," said DWP Board President Kenneth T. Lombard. "We are proud that in addition to meeting the water and electricity needs of the city, DWP pays dividends to the residents of Los Angeles in the form of support for necessary city and community services."

Members of the City Council say they are predisposed to vote in favor of keeping the city's 316 megawatt interest in the Mohave power plant.

Copyright © 2020 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketVision
Daily LMP Forecast for ERCOT
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service