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News
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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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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
Southeast Utilities Increase Commitments to Build Nuclear Reactors
LCG, April 9, 2008--Progress Energy and Southern Company have both announced that agreements have been made with Westinghouse Electric and The Shaw Group Inc. On Monday Progress Energy announced that it had executed a letter of intent with Westinghouse Electric and The Shaw Group Inc. to purchase long-lead materials for new nuclear reactors that are planned to be installed at a greenfield site in Levy County, Florida.
Progress Energy plans to install two, 1,100-MW AP1000 nuclear units, with the first operational in 2016, and the second in the following year. In March, Progress Energy Florida submitted a petition for Determination of Need to the Florida PSC that proposed to construct the two reactors.
On Tuesday, Southern Company announced that it has entered into an Engineering, Procurement and Construction contract (EPC) with a consortium consisting of Westinghouse Electric Company LLC and The Shaw Group Inc.'s Power Group for the engineering, procurement and construction of two AP1000 nuclear units and related facilities. The new units are planned to be installed at an existing nuclear station, Plant Vogtle, located near Augusta, Georgia.
Georgia Power, a Southern Company subsidiary, expects to submit the EPC to the Georgia Public Service Commission May 1, 2008 as a self-build option in connection with the Georgia Power's 2016-2017 capacity request for proposal. The new reactors are scheduled to commence operations in 2016 and 2017.
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Generator X
Generation and Transmission Planning and Optimization
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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PowerMax
Day-ahead and real-time portfolio revenue optimization
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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