EIA Publishes Study on High Renewables Growth Impact in WECC Markets using UPLAN

LCG, July 19, 2024 – A working paper published by the U.S. Energy Information Administration (EIA) utilized the UPLAN model to study the impact of high renewables growth in the Western Electric Coordinating Council (WECC) markets.

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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

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Industry News

Tampa Electric Initiates Regulatory Approval Process for IGCC Plant in Florida

LCG, July 23, 2007--Tampa Electric, the principal subsidiary of TECO Energy, filed on July 20 an application with the Florida Public Service Commission (FPSC) to demonstrate the need to construct the proposed 632-MW Polk Unit 6, a coal-fired power plant. The proposed new unit would employ an advanced, Integrated Gasification Combined Cycle (IGCC) design. Tampa Electric plans to commence operations at the proposed plant by 2013.

The IGCC process converts coal into a synthesis gas and minimizes most of the sulfur dioxide (SO2), nitrogen oxides (NOx), mercury (Hg) and other emissions before the gas fuels a combustion turbine generator. The hot exhaust gas from the turbine heats water to produce steam to power a steam turbine and generate electricity a second time. The gasification plant will be designed to gasify both biomass and coal. Tampa Electric was the country's first utility to commercialize IGCC technology in partnership with the Department of Energy's (DOE) clean coal technology program by developing Polk 1 in 1996.

The proposed new unit is to be build at the existing Polk Power Station in Polk County, Florida.
Tampa Electric estimates the capital cost to be approximately $2 billion, which includes $1.6 billion for engineering, procurement and construction, plus $400 million in additional related costs, such as transmission infrastructure, environmental permitting, project management, staffing and training, and contingency costs.

The new generating capacity would be used to serve the growing demand for electricity in Florida and to maintain reliability.

Tampa Electric filed the application at a time when coal is not king in Florida. Florida Governor Charlie Crist recently raised concerns regarding the threat of climate change and the use of fossil fuels. In June, the FPSC reached a decision to not approve the coal-fired plant proposed by Florida Power and Light in Glades County. Furthermore, a group of community-owned, power entities (Florida Municipal Power Agency (FMPA), JEA, Reedy Creek Improvement District, and the City of Tallahassee) have decided to suspend permitting activities for the Taylor Energy Center, an 800-MW, coal-fired power plant proposed to be built in Taylor County, Florida.

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