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News
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LCG, April 12, 2019--Duke Energy Renewables, a commercial business unit of Duke Energy, yesterday announced it will build, own and operate the Mesteño Wind Project, located in southern Texas. The power generated by the 200-MW project will be sold into the ERCOT market, and Duke Energy Renewables will enter into a long-term hedge agreement covering the majority of the expected wind energy production. Construction has commenced, and the project is scheduled for completion by year-end.
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LCG, April 3, 2019--Florida Power & Light Company (FPL) recently announced a plan to build the world's largest solar-powered battery system, the Manatee Energy Storage Center, as part of a modernization plan to accelerate the retirement of two, 1970s-era natural gas generating units at FPL's neighboring Manatee Power Plant.
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Industry News
Gas Drilling Goes Deeper to Offset Waning Production
LCG, Oct. 14, 2003--Drilling for gas will soon be conducted at previously unheard-of depths in the Gulf of Mexico's continental shelf.New wells no longer yield the same amount of gas in the Gulf as they once did. Therefore, the Wall Street Journal has reported, firms such as El Paso Corp. and Shell, under the Royal Dutch/Shell Group, are prepared to drill wells as deep as five miles. The willingness to undertake such projects has increased with rising, more volatile natural gas prices, and with forgiveness by the government of royalty payments for some wells at greater depths.One well now being drilled is called "Shark", which Shell Exploration & Production Co. plans to drill to 26,000 feet, about five miles. No deeper well now exists on the continental shelf. A well at a depth of 30,000 is planned by BP PLC, which has stated that it believes most gas to be drilled is deeper than 20,000 feet, more than three miles.
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Generator X
Generation and Transmission Planning and Optimization
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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PowerMax
Day-ahead and real-time portfolio revenue optimization
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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