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

GE Introduces Most Efficient Turbine to Date

LCG, Dec. 10, 2003--A gas turbine that would surpass all existing simple-cycle turbines in efficiency was formally introduced today by GE at the Power-Gen International conference in Las Vegas.

The LMS100 is a 100-megawatt turbine that will undergo development testing in May 2004, and is aimed at the peak and mid-range markets. It is novel, GE announced, in that it achieves efficiency of 46 percent by including components from GE Power Systems' heavy-duty frame gas turbines and GE Aircraft Engines' aeroderivative gas turbines.

"This program is a first for GE in that not only are multiple businesses providing development expertise, but they are also designing, manufacturing, sourcing, assembling and testing the product," the president and CEO of GE Aircraft Engines, David Calhoun, said.

Although the LMS100 is a simple-cycle turbine, it claims efficiency of 40% at 50% of its capacity, indicating better efficiency than some turbines realize at full output.
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