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Siemens Energy to Provide Hydrogen-Capable Gas Turbines to OPPD

LCG, June 18, 2021--Siemens Energy announced yesterday that Siemens Energy will provide two F-Class turbines to power Omaha Public Power District's (OPPD) new Turtle Creek Station Peaking Plant in Papillion, Nebraska.

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Summer 2021 Resource Adequacy Scenarios- Revised Report

LCG June 11, 2021--LCG Consulting (LCG) has released its analysis of resource adequacy in ERCOT for summer 2021, as we do each spring.

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Industry News

FERC to Conduct a New Standard Market Study

LCG, January 14, 2003The Federal Energy Regulatory Commission has agreed to take a second look at the implications of a standardized energy market, after some states voiced their concern over FERCs plans to create a set of rules for wholesale energy markets.

FERC suggested a new framework regarding the countrys electricity market last July, but some states have been worried over the transfer of authority from states to the federal government. Some members of the Congress have asserted that FERC plans to take power from state public utility agencies.

Energy officials from some 15 states have publicly voiced apprehension over FERCs plans, noting that consumers in Southern and Western states may have to pay more for power if the electricity market follows the proposed rules. Some industrial companies, who purchase and consume large amounts of electricity, worry that they will have to pay an unfair proportion of charges for transmission improvements.

The state of Louisiana requested that FERC scrap its market plans, while some industry groups have asked for looser guidelines.

Due to increased pressure, FERC has agreed to reassess its 2004 market design plans and delay the implementation of them. The main body of the plans addresses transmission issues, endeavoring to smooth out the energy market between states. The plans also include real-time trading and some measures to prevent gaming.

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