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

Illinois Power and ComEd Intend to Join PJM

LCG, May 29, 2002--Illinois Power and Commonwealth Edison have filed documents with the Federal Energy Regulatory Commission (FERC) notifying the agency of their intent to be part of an independent transmission company under the transmission authority of the Pennsylvania-Jersey-Maryland Interconnection.

In a statement, a representative of the parent company of ComEd, Exelon's Senior Vice President Betsy Moler, said, "It is clear that Exelon's primary wholesale energy trading partners and suppliers are in the east, and our strongest interconnections are to the east." Illinois Power, like ComEd, was a member of the Alliance regional transmission organization (RTO), whose members FERC ruled would need to file to join another RTO by May 28. The Alliance RTO included nine companies, and undertook discussions with the Midwest-ISO concerning possible integration for a for-profit transmission entity. Moler said, "ComEd negotiated with the MISO, but could not come to an agreement on rate structure and other matters."

Illinois Power and ComEd plan to join PJM through National Grid, the transmission manager for Alliance GridCo. If this is not possible, Illinois Power would join as a transmission owner. American Electric Power and Dayton Power & Light also have notified the PJM of their plans to be part of the PJM's RTO.
Copyright © 2021 LCG Consulting. All rights reserved. Terms and Copyright
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
Generator X
Generation and Transmission Planning and Optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Daily LMP Forecast for ERCOT
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service