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

FERC OKs Big Gas Pipeline to California

LCG, April 24, 2003Energy officials gave final approval for the operation of a new pipeline expansion connecting the Rockies to California, and the addition is expected to enter service one week from today.

MidAmerican Energy Holdings Company, part of Berkshire Hathaway Inc., purchased the Kern River pipeline from Williams Cos. last year for $960 million in cash and debt assumption. MidAmerican then doubled the capacity of the pipeline by completing the $1.2 billion expansion Williams Cos. had begun planning in 2000.

Kern River covers 1,679 miles and already has long-term contracts on over 95 percent of its expanded capacity. The new and old pipelines will have a combined capacity of 1.73 billion cubic feet per day, up from the preexisting capacity of 835 million cubic feet per day.

Kern River entered gas transportation service in 1992 and was purchased by Williams Cos. in 1996. Construction of the pipeline expansion began in August of 2002.

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