Duke Energy Renewables to Install 200-MW Wind Project in Texas

LCG, April 12, 2019--Duke Energy Renewables, a commercial business unit of Duke Energy, yesterday announced it will build, own and operate the MesteƱo 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.

Read more

FPL Announces Plans for 409-MW Battery Storage System

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.

Read more

Industry News

Madison Plant Construction Begins

LCG, Oct. 15, 2003--A 150-megawatt power plant that will be jointly owned by the utility Madison Gas and Electric Co. and the University of Wisconsin is officially under construction beginning today.

The plant will provide power to the university and the city of Madison, as well as steam and chilled water to the UW-Madison campus. The facility will boost local generation, whereas currently 85 percent of area power needs are met through imports, according to MGE's Steve Kraus.

Wisconsin Gov. Jim Doyle was scheduled to appear at a ceremony today, and to speak on streamlining the approval process and providing economic incentives for construction of more new power plants. The groups Friends of Responsible Energy (FORE) and Madison Physicians for Social Responsibility have voiced disapproval over the failure of MGE to incorporate $6 million worth of pollution control technology into the plant, which they say will result in an unnecessary airborne health hazard.
Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service