Offshore Wind Projects Receive Boost from Massachusetts and Biden Administration

LCG, March 31, 2021--The Governor of Massachusetts signed legislation last Friday that authorizes the state to direct utilities to purchase an additional 2,400 MW of offshore wind energy by 2027.

Read more

NV Energy's Greenlink Nevada Transmission Project Approved by PUCN

LCG, March 25, 2021--The Public Utilities Commission of Nevada (PUCN) on Monday approved proceeding with NV Energy's Greenlink Nevada transmission and renewable energy initiative. NV Energy's planned investment in Greenlink is over $2.5 billion.

Read more

Industry News

PG&E Signs Agreement for Wind Power from Oregon

LCG, August 22, 2008--Pacific Gas and Electric Company (PG&E) yesterday announced that it has executed a long-term power purchase agreement (PPA) with Klondike Wind Power III LLC, a subsidiary of Iberdrola Renewables, for the power from the Klondike wind facility in Sherman County, Oregon. Deliveries from the 90-MW wind farm are scheduled to commence in December of this year.

Last Friday PG&E announced that it executed two contracts for solar electricity generation totaling 800 MW of photovoltaic (PV) capacity. Construction of both solar farms is scheduled to begin in 2010.

At the southern end of California, PG&E's neighbor, Southern California Edison (SCE), announced Monday that it had executed a 20-year contract with DCE, an affiliate of Caithness Energy, for power from another Oregon wind project, Shepherd?s Flat. This new project will include 303 wind turbines with a combined electric generating capacity of 909 MW. The turbine installation is scheduled to occur in the years 2011 and 2012.

California passed a Renewable Portfolio Standard (RPS) Program that requires utilities to increase their electric supply procurement of eligible renewable generating resources by one percent of load per year, with a 20 percent renewables target by the end of 2010 and a 33 percent target by the end of 2020.
Copyright © 2021 LCG Consulting. All rights reserved. Terms and Copyright
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
Generator X
Generation and Transmission Planning and Optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Daily LMP Forecast for ERCOT
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service