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

LADWP Board Approves Wind Agreement with PPM

LCG, June 8, 2006--The Los Angeles Department of Water and Power (LADWP) Board of Water and Power Commissioners Tuesday approved a long-term agreement with PPM Energy, Inc. (PPM) to purchase 82 MW of wind power annually over the next 16 years.

The energy will be generated at the Pleasant Valley Wind Energy Center, located in Uinta County, Wyoming. LADWP has agreed to pay a fixed amount of $63/megawatt-hour for the term of the agreement, and LADWP estimates that the energy delivered will cost between $236 million and $280 million over the term of the agreement. Power deliveries are to commence July 1, pending approval by the City Council.

The City of Los Angeles has a goal of achieving 20 percent renewables by 2010, and the new agreement will increase the City's renewable energy supply portfolio to about 6.5 percent renewable energy. Two additional renewable wind energy agreements with PPM are expected to be presented for Board and City Council approval in the near future, according to LADWP. These two projects will increase the City?s renewable energy portfolio by another 1.2 percent.

Last November, the LADWP Board approved a deal to acquire the Pine Tree Wind Project located in Kern County, California. The Pine Tree Wind Project, with an electric generating capacity of 120 MW, will be the largest wind farm owned by a municipality in the country. The project will consist of 80, 1.5-MW wind turbines to be provided by GE Energy. The Pine Tree Wind Project will be located about 12 miles north of Mojave, California. The current project schedule is to commence operations in late 2007.

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