EIA Publishes Study on High Renewables Growth Impact in WECC Markets using UPLAN

LCG, July 19, 2024 – A working paper published by the U.S. Energy Information Administration (EIA) utilized the UPLAN model to study the impact of high renewables growth in the Western Electric Coordinating Council (WECC) markets.

Read more

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

Read more

Industry News

Gold Mines Attract New Generation in Nevada

LCG, July 27, 2004--Last week the Nevada Public Utilities Commission (Nevada PUC) approved a conditional permit for Barrick Goldstrike Mines, Inc. (Barrick) to build a 118 MW, natural gas-fired power plant in Storey County, Nevada to provide power for its Carlin Trend operations. The combined cycle plant, to be located about 10 miles east of Reno, is estimated to cost nearly $100 million and is scheduled to commence operations in September 2005.

The Nevada PUC previously approved Barrick's request to opt out of the regulated power system owned by Sierra Pacific Power Co. That action was based on a stipulated agreement with the PUC staff, Sierra Pacific Power and the Nevada Attorney General's Bureau of Consumer Protection.

Another Nevada gold mine operator, Newmont Mining Corp., is threatening to build its own power plant to supply its operations, which are currently supplied by Sierra Pacific Power. Newmont plans to build a 200 MW, coal-fired plant in Northern Nevada given board approval, an air permit from Nevada officials and authorization from the PUC.

The plant would be east of Battle Mountain and three miles north of Interstate 80 on Newmont's TS Ranch. Coal for the plant would come by rail from the Powder River Basin of Wyoming. The company plans to begin plant construction in early 2005 and complete it by the first half of 2007.

Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service