EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Offshore Wind Projects Receive Boost from Massachusetts and Biden Administration

LCG, March 31, 2021--The Governor of Massachusetts signed legislation last Friday that authorizes the state to direct utilities to purchase an additional 2,400 MW of offshore wind energy by 2027.

Read more

NV Energy's Greenlink Nevada Transmission Project Approved by PUCN

LCG, March 25, 2021--The Public Utilities Commission of Nevada (PUCN) on Monday approved proceeding with NV Energy's Greenlink Nevada transmission and renewable energy initiative. NV Energy's planned investment in Greenlink is over $2.5 billion.

Read more

Industry News

Lawsuit Filed to Void Long-Term Electricity Contracts

LCG, May 1, 2002-California Senator Tom McClintock of Thousand Oaks (R ) filed a lawsuit this morning in California Superior Court alleging an energy consultant violated the law in writing long-term energy contracts.

McClintock's suit asserts that state energy consultant Vikram Budhraja did not follow government code when he assisted negotiation of last year's electricity contracts.

California government employees are forbidden to write contracts in which there is conflict of interest, such as if a retainer exceeds five percent of a person's total yearly income.

Budhraja has served at several executive posts for Edison International, parent to Southern California Edison utility, and resigned in January of 2000. Reportedly Edison International gave Budhraja a retainer of over $100,000 last year and renewed the retainer for 2002. His own company is under contract to receive - over about a 3 year period starting in 2001 - $6.2 million from California for consulting work.

Southern California Edison's generation division, Edison Mission Energy, now has a ten-year contract with California's Department of Water Resources, but Edison Mission insists that Budhraja was not involved with that contract.

Department of Water Resources spokesman Oscar Hidalgo also asserts that the suit has no merit and is merely a political move on the part of McClintock.

The suit has been filed in the wake of the renegotiation of eight long-term California energy contracts, rewritten because they were deemed unreasonably costly.

Copyright © 2021 LCG Consulting. All rights reserved. Terms and Copyright
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
Generator X
Generation and Transmission Planning and 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