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.

Read more

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.

Read more

Industry News

Calpine Cancels Sonoran Pipeline

LCG, Feb. 19, 2002--A $1.7 billion natural gas pipeline planned by Calpine Corp. and Kinder Morgan Energy Partners will not be built, according to representatives of the joint venture.

Calpine said shipping contracts with other companies could not be obtained. Furthermore, it said it had not spent "significant capital" on the Sonoran pipeline project, which was to have been operational in 2004. It would have brought gas from New Mexico's San Juan Basin to locations near the southern California border.

Calpine has been watched closely by investors after its debt was downgraded by the major rating agencies, and is seeking to obtain a $350 million credit line as it reigns in planned spending.

Another pipeline being developed by Calpine is meant to serve the Otay Mesa power plant near San Diego and is now expected in July 2003, later than expected.

According to the California Public Utilities Commission, lower usage of natural gas by gas-fired electricity generators has led to a 11% decrease in demand within the Southern California Gas Co. system. Wayne Andrews, an analyst with Raymond James & Associates Inc. in Houston said that pipeline capacity could be fully utilized when demand and economic conditions return to normal. After commenting that the "gas crisis" was not solved in California, he said "we just got a downturn in the economy. Natural gas consumers used fuel oil or anything else they could in reaction to the high prices."
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