New York PSC Approves Ravenswood Energy Storage Project

LCG, October 18, 2019--The New York State Public Service Commission (PSC) yesterday approved construction of the largest battery storage facility in New York State history. The 316-MW Ravenswood Energy Storage Project will be built in Long Island City, Queens, New York and scheduled to be partially operational by March 2021.

Read more

Xcel Energy, EVRAZ North America and Lightsource BP Announce 250-MW Solar Project in Colorado

LCG, October 1, 2019--Xcel Energy, EVRAZ North America and Lightsource BP announced Friday that they have reached a long-term agreement to develop a 240-MW solar facility in Colorado. Lightsource BP will finance, build, own and operate the Bighorn Solar project and sell all the electricity it generates to Xcel Energy under a long-term power purchase agreement (PPA). The project will be built on EVRAZ Rocky Mountain Steel property in Pueblo, making it the largest on-site solar facility dedicated to a single customer in the country.

Read more

Industry News

Duke Energy Completes 200-MW Wind Project in Wyoming

LCG, October 13, 2010--Duke Energy announced recently that its 200-MW, Top of the World Windpower Project is now connected to the grid and generating power. Duke announced the project in August 2009.

Duke Energy executed a 20-year, power purchase agreement (PPA) with Pacificorp for the electricity generated from the Top of the World Windpower Project, located near Casper, Wyoming. Siemens supplied 44 wind turbines, and General Electric supplied 66 turbines.

Duke has rapidly expanded its wind turbine capacity, which now totals 935 MW in North America. Later this year, Duke's Kit Carson Windpower Project in eastern Colorado is scheduled to commence operations and add 51 MW of electric generating capacity.

Duke initially built its wind portfolio through acquisitions of wind developers, acquiring Tierra Energy's Wind Development Business in 2007 and Catamount Energy Corporation in 2008. Duke Energy stated that it has committed over $1 billion since 2007 to grow its wind power business.
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