Duke Energy Renewables to Install 200-MW Wind Project in Texas

LCG, April 12, 2019--Duke Energy Renewables, a commercial business unit of Duke Energy, yesterday announced it will build, own and operate the MesteƱo Wind Project, located in southern Texas. The power generated by the 200-MW project will be sold into the ERCOT market, and Duke Energy Renewables will enter into a long-term hedge agreement covering the majority of the expected wind energy production. Construction has commenced, and the project is scheduled for completion by year-end.

Read more

FPL Announces Plans for 409-MW Battery Storage System

LCG, April 3, 2019--Florida Power & Light Company (FPL) recently announced a plan to build the world's largest solar-powered battery system, the Manatee Energy Storage Center, as part of a modernization plan to accelerate the retirement of two, 1970s-era natural gas generating units at FPL's neighboring Manatee Power Plant.

Read more

Industry News

Solar Project Will Serve 400,000 in Rural Philippines

LCG, Feb. 7, 2002--A rural section of the Philippines' island province of Mindanao is a party to an agreement with Spain and BP Solar for the installation of solar power for lighting and water systems in a remote, undeveloped area.

Spain will provide 2.4 billion pesos ($48 million) of aid for the project, coordinated by Agrarian Reform Secretary Hernani Braganza. Approximately one-third of the country's poor live in Mindanao. The project is seen as a more cost-effective way to provide power than connecting the area to the main National Power Corp. transmission network and transporting fuel for local generators.

The first of two phases in the installation process will begin in September, and will provide lighting to 5,500 families. Later, 25 irrigation systems and 97 systems to process and distribute drinking water will be installed. Eventually, 68 schools and community centers and 79 health clinics will be electrified. The second phase will also provide lighting for an additional 9,500 homes.
Copyright © 2019 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