Duke Energy Renewables Announces Commercial Operations Achieved for 150-MW Solar Project

LCG, June 20, 2019--Duke Energy Renewables, a subsidiary of Duke Energy, yesterday announced that its 150-MW North Rosamond solar project in Kern County, California, has commenced commercial operation. The power produced from the project is being sold to Southern California Edison (SCE) under a 15-year agreement.

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ERCOT 2019 Summer Quarter Outlook

LCG, May 29, 2019-- LCG released a new summer (June – September 2019) report that looks at how the ERCOT grid copes with strained network conditions. Resource adequacy analysis for the region is especially important during extreme summer loading conditions. This summer the network is under particular scrutiny as the reserves have tightened because of recent retirements.

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Industry News

Minnesota Power Moves Forward with Biomass Initiative

LCG, April 18, 2007--Minnesota Power announced earlier this week its plans to develop biomass resources as a key element to providing clean, renewable, "carbon-friendly" electricity to serve its customers. The plans are part of its "Biomass Initiative," a long-term energy plan that includes the evaluation and screening of a variety of biomass projects. Primary biomass feedstocks include wood waste and forestry residues.

The screening process included a number of factors, and those feasible projects with the best economics have now advanced to become finalists in the process. The short list includes the construction of 50-MW biomass fueled unit at Minnesota Power's Laskin Energy Center in Hoyt Lakes, and consuming biomass fuel at existing Minnesota Power facilities; and developing projects at customer sites which provide process improvements and generation additions.

Minnesota Power will work with other entities to further define the top projects, including the development of the biomass supply plan necessary to support the fuel requirements of the projects. The final plans will be submitted by Minnesota Power to the State as part of the company's Integrated Resource Plan (IRP) later this year.

In February, Minnesota Governor Pawlenty signed legislation that requires electric utilities, including municipal power entities, to use renewable energy to supply 25% of retail electric sales to customers in Minnesota by the year 2025. The new law includes renewable supply goals for most utilities of 7% by 2010, 12% by 2012, 17% by 2016 and 20% by 2020. The largest electric utility, Xcel Energy Inc., has a higher goal of 30% by 2020.

Renewable supply resources include wind, hydroelectric, solar, biomass and hydrogen. Wind energy is specifically targeted to account for one quarter of the renewable supplies utilized.

The new law includes provisions to develop a renewable energy credit trading system that would allow utilities to trade in order to achieve renewable goals. Financial penalties may be assessed if goals are not met.

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