Connecticut Seeks 2,000 MW of Offshore Wind Capacity

LCG, August 22, 2019--The Connecticut Department of Energy and Environmental Protection (DEEP) on Friday released a request for proposals (RFP) for offshore wind power projects. DEEP is seeking up to 2,000 MW, as required under Public Act 19-71, An Act Concerning the Procurement of Energy Derived from Offshore Wind.

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EIA Publishes Regional Electricity Supply and Pricing Forecasts Using UPLAN Model

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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Industry News

PSEG Solar Source Acquires Solar Projects

LCG, September 24, 2009--PSEG Solar Source, a subsidiary of PSEG Global, yesterday acquired two solar photovoltaic (PV) projects from juwi solar Inc., plus a third solar project totaling nearly 30 MW of electric generating capacity. The three projects are scheduled to be completed by the end of 2010.

The three solar PV projects will use in total 380,000, ground-mounted panels that employ thin film technology provided by First Solar. juwi solar Inc. will provide the engineering, procurement, construction, and initial operation and maintenance services for the projects, which will be owned by PSEG Solar Source.

The first project scheduled to generate power is the Mars Solar Garden facility, a 2.2-MW project located on 18 acres adjacent to Mars Snackfood's U.S. headquarters in New Jersey. Mars Snackfood has contracted for the power, and the project is scheduled to be completed this year.

In Jacksonville, Florida, JEA (the local, municipal utility) will purchase the power and renewable energy credits from a 15-MW solar project located on 100 acres. Commercial opererations are scheduled to commence next summer.

AEP Ohio has contracted for the electricity and renewable energy credits out of the third, 12-MW project located on 80 acres in Wyandot, Ohio.

The three projects in total represent approximately a $100 million investment by PSEG Solar Source.
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