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

New Power Plan for Ontario Relies on Nuclear and Phases Out Coal

LCG, August 30, 2007--The Ontario Power Authority (OPA) yesterday filed its proposed electricity plan with the Ontario Energy Board (OEB), the energy regulator for the Province of Ontario. Key elements of the plan include: conservation, new renewable generation, natural gas distributed generation, nuclear generation and grid improvements to transmit electricity to the market. Existing coal-fired generation would be phased out by the end of 2014.

The estimated capital cost of the Integrated Power System Plan (IPSP) is C$60 (2007 dollars), with a cost breakdown as follows: conservation, C$10.2; renewables, C$15.4; nuclear, C$26.5; natural gas, C$3.6; and transmission, C$4.0. Approximately three quarters of the transmission cost is associated with renewable resource development.

The proposed plan would roughly double the amount of renewable energy on the grid by 2025. Of perhaps greater interest is the proposal to develop nuclear power to support the growing baseload requirement. OPA plans to add approximately 10,250 MW of nuclear resources, in part through refurbishing existing reactors. Refurbishment could shorten schedules, reduce costs, and better utilize existing infrastructure.

A significant portion of the new supply resources are planned to enable the retirement of over 6,400 MW of coal-fired, generating facilities. The retirements are driven by government commitments to reduce emissions, including greenhouse gases. The environmental benefits estimated by OPA include: sulfur dioxide emissions would decrease by 95 percent, nitrogen oxide emissions would decline by over 50 percent, mercury emissions would be eliminated, and carbon dioxide emissions would decline by over 60 percent.

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