EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

Read more

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

Read more

Industry News

Power Authority Announces Long Island Projects

LCG, Nov. 14, 2002--Two power projects which will provide up to 134.9 megawatts of generating capacity before next summer have been announced by the Long Island Power Authority (LIPA).

In Far Rockaway, a 55-megawatt unit will be built by FPL Energy, the subsidiary of FPL Group Inc. The facility will be sited adjacent to the existing Bayswater plant. Once built, the output of the Bayswater Clean Energy Center, a peaking plant, will be sold under a long-term contract to LIPA. North Bellport will be home to a plant built by PSEG Power, which is to supply 79.9 megawatts.

The plants will provide most but not all of the projected need on Long Island for next summer. Seasonally elevated heat and humidity will mean that 200 megawatts of capacity are required, according to Richard Kessel, the LIPA chairman, in a statement.

A plant which was previously planned by PPL Corp. in Freeport would have provided 44 megawatts starting next year, but was canceled by the developer. The reasons cited were rising costs and delays in the schedule, with the possibility of $65 million in avoided expenditures, according to PPL.
Copyright © 2024 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
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service