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

British Energy Minister Says Nuclear Power Necessary

LCG, Feb. 9, 2002--Prior to the release of a government report on British energy security, the energy minister Brian Wilson spoke in an interview with The Guardian about what he saw as the future role of nuclear power in Britain.

Wilson emphasized two trends - a significant increase in use of renewable energy resources, which he said could increase energy prices, and "a seller's market" in natural gas, which is being used by most new generating plants.

The minister is one of the few Labour party leaders who supports nuclear power. He said that nuclear investment might need assistance in the form of tax and planning allowances in order to make it competitive.

Other parts of the upcoming report, from a trade and industry select committee, advocates a target of 20% of energy supply from renewable resources by 2020. Wilson said that the country's climate change levy, assessed on emissions by power plants, would actually assist nuclear power. He said, "there is no contradiction between being pro-renewable and pro-nuclear."
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