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Connecticut Seeks 2,000 MW of Offshore Wind Capacity

LCG, August 22, 2019--The Connecticut Department of Energy and Environmental Protection (DEEP) on Friday released a request for proposals (RFP) for offshore wind power projects. DEEP is seeking up to 2,000 MW, as required under Public Act 19-71, An Act Concerning the Procurement of Energy Derived from Offshore Wind.

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EIA Publishes Regional Electricity Supply and Pricing Forecasts Using UPLAN Model

LCG, August 13, 2019--The U.S. Energy Information Administration (EIA) announced that it is revising the presentation and modeling of its forecasts for electricity supply and market hub pricing to better reflect current electricity markets and system operations in the U.S. Beginning with the August 2019 Short-Term Energy Outlook (STEO), the new forecasting approach models electricity markets using the UPLAN production cost optimization software developed by LCG Consulting. EIA uses the solution results provided by this proprietary model to develop the STEO forecasts of monthly electricity generation, fuel consumption, and wholesale prices.

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Industry News

FERC Will Not Hear California Settlement Complaints

LCG, Oct. 22, 2003--There is no basis for the Federal Energy Regulatory Commission's consideration of objections to the terms of settlements relating to alleged market manipulation in California in 2000-2001, the agency has said.

The conclusion was justified by commissioners' contention that the matters that had led to settlements were investigations, and that parties outside the investigations, such as California officials or representatives of energy purchasers, were not qualified to instigate a review process. The agency said that any opinions it had previously issued that had indicated otherwise were being rescinded.

William Massey, the single Democrat among the Commissioners, objected to the announcement, and said that evidence in the investigations had come from those who were not being allowed to raise objections.

The issue of what California has claimed are $9 billion worth of refunds is being treated in a separate proceeding. The refunds that should ultimately be paid based on FERC's analysis are still being determined. Final determination can only be made once computer models used in the analysis have been finished. The expected date for the calculations is in the spring.
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