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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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Dominion Energy Virginia Pursues 500 MW of Renewable Projects

LCG, August 8, 2019--Dominion Energy Virginia announced Monday that it is seeking bids for up to 500 MW of renewable capacity in both 2021 and 2022 to increase its clean energy resources. Dominion Energy stated that it is committed to having 3,000 MW of solar and wind in operation or under development in Virginia by 2022. This near-term step is part of an ultimate company commitment to reduce carbon emissions by 80 percent by 2050 across the 18 states it serves.

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Industry News

UPC Wind Files Application for Cascade Wind Project

LCG, April 13, 2007--UPC Wind yesterday announced that it has filed its site certification application with the Oregon Energy and Facility Siting Council (EFSC) to build the proposed Cascade Wind Project. UPC Wind expects the project to achieve commercial operations in 2008.

The Cascade Wind Project is located near The Dalles in Wasco County, Oregon. The project includes 40 GE wind turbines with a total design capacity of 60 MW.

The EFSC Site Certification is binding for state and local agencies whose permits are evaluated during the review process. UPC Wind anticipates receiving the EFSC Site Certification early next year.
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