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.

Read more

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.

Read more

Industry News

Ontario Plans to Expand Reliance on Nuclear Power

LCG, September 9, 2004--Ontario Minister of Energy Dwight Duncan announced yesterday that it will pursue negotiations with Bruce Power to reactivate two nuclear reactors at the Bruce Power facility in Kincardine. The two reactors, which were taken out of service in 1995 and 1997, have a combined capacity of 1,540 MW. With this move, the Ontario Energy Ministry shows its continued faith in rebuilding Ontario's fleet of nuclear reactors.

Bruce Power, a partnership including Transcanada Corporation, Cameco Corporation, and BMC Generation Infrastructure Trust, leases eight, nuclear reactors at Bruce A and Bruce B Generating Stations under a long-term agreement with Ontario Power Generation (OPG). When Bruce Power took over operations, four units had been deactivated. Over the past year Bruce Power reactivated two reactors, and the combined, available capacity of Bruce A and B is now about 4,660 MW.

The need to add generating capacity in Ontario is driven primarily by the government's commitment to improve air quality by closing OPG's coal stations, which account for roughly a quarter of Ontario's capacity, by 2008.

Earlier this summer, the Ontario government approved the proposal to reactivate another nuclear reactor, Pickering A, Unit 1, which would add 515 MW of capacity by late 2005. This approval follows the reactivation of Pickering A, Unit 4, which cost approximately three times the initial budget and encountered extensive delays.

To compound Ontario's electric supply troubles, OPG recently announced new problems have been discovered in the four reactors at Pickering B Station, which has a capacity of 2,160 MW. "As a result of recent inspections of fuel channels, conditions were identified that will require acceleration of planned remediation programs at the Pickering B station. These findings will result in additional inspections of the fuel channels, lengthening previously planned outages, and will advance certain maintenance procedures from 2007 and 2008 to 2004 through 2006."

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