New York Announces 1,700 MW of New Offshore Wind Projects and 70 Percent Renewables Requirement by 2030

LCG, July 22, 2019--The Governor of New York announced last Thursday that the State has executed the nation's largest offshore wind agreement - totaling approximately 1,700 MW - in U.S. history. The Governor also signed the Climate Leadership and Community Protection Act (CLCPA), which includes a mandates of 9,000 MW of offshore wind by 2035, 70 percent renewable energy by 2030, plus a Zero-Carbon Emission Electric Sector by 2040.

Read more

Georgia PSC Approves Georgia Power's 2019 IRP

LCG, July 18, 2019--The Georgia Public Service Commission (PSC) has unanimously approved Southern Company subsidiary Georgia Power's 2019 Integrated Resource Plan (IRP), which was submitted in late January.

Read more

Industry News

Salt River Project Efforts to Restart Mohave Generating Station Stall

LCG, February 8, 2007--The Salt River Project (SRP) announced Tuesday that it has concluded that it will be unable to upgrade and restart the coal-fired Mohave Generating Station near Laughlin, Nevada. Negotiations with Southern California Edison, the majority owner and operator of the facility have ceased. SRP stated that it was unable to adequately address its need for timely regulatory approvals to restart the plant by 2011.

The Mohave Generating Station, with an electric generating capacity of 1,580-MW, was closed at the end of 2005, when the 35-year operating permit expired. To reopen the plant, investments expected to cost $1.1 billion are necessary for a variety of improvements, including the installation of pollution control equipment required under a 1999 consent decree. Other issues include obtaining water supplies from the Hopi and Navajo tribes.

The current owners of the facility are Southern California Edison (SCE), SRP, Nevada Power Company, and the Los Angeles Department of Water and Power (LADWP), and their respective ownership percentages are: 56, 20, 14 and 10 percent. In June 2006 SCE, Nevada Power Company and LADWP all stated that they would not participate in reopening the power plant. SRP then announced in September that it was seeking new partners to rebuild the facility and that it planned to have a final environmental impact statement by the summer of 2007.

The State of California's position to reduce carbon emissions and limit the use of electricity generated by coal-fired plants is clearly at odds with the California utilities importing power from the Mohave Generating Station. SCE stated that it would continue to explore options, including the sale or decommissioning of the facility.

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