TVA Board Votes to Retire Over 2,000 MW of Coal-fired Generation

LCG, February 14, 2019--The Tennessee Valley Authority (TVA) Board voted today to retire both the Paradise Unit 3 and Bull Run coal-fired power plants within the next few years. The closures will reduce the TVA fleet electric generating capacity by 2,031 MW.

Read more

MHPS to Supply Three J Class Turbines for Power Project in Virginia

LCG, February 8, 2019--Balico, LLC and Gemma Power Systems selected Mitsubishi Hitachi Power Systems Americas (MHPS) and its J Class turbines for the 1,600-MW Chickahominy Power Station project in Virginia. The combined cycle power plant will deliver power into the PJM regional transmission grid and is scheduled for completion in 2022.

Read more

Industry News

Another Offshore Wind Farm Proposed for New England

LCG, April 9, 2009--Bluewater Wind proposes to install a 450-MW wind farm off the New England coast in federal waters. The site is over 20 miles from Rhode Island and between Martha?s Vineyard and Block Island. The electric utilities that would likely purchase the power generated by the wind farm are Central Vermont Public Service and Green Mountain Power.

Central Vermont Public Service and Green Mountain Power will need replacement power in the event that the Vermont legislature does not renew the license for the state?s carbon-free, nuclear power station, Vermont Yankee, in 2010. The operating license currently allows for the nuclear power station to operate through 2012. The position of the Vermont Public Service Department is that the license should be extended for a 20-year period.

Another driver supporting the development of the wind project is Rhode Island's Renewable Energy Standard (RES), which was enacted in June 2004. The RES requires the state's retail electricity providers to use renewable resources, such as wind, to supply 16 percent of their retail electricity sales by the end of 2019.
Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service