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

Rollcast Announces Financial Closing for Georgia Biomass Project

LCG, October 22, 2010--Rollcast Energy, Inc. ("Rollcast") yesterday announced the closing of non-recourse, project financing for Rollcast's first greenfield biomass power project, Piedmont Green Power, LLC. The electricity generated by the 53.5-MW power plant will be purchased by Georgia Power under a long-term power purchase agreement (PPA). The project site is approximately 70 miles southeast of Atlanta, Georgia.

Piedmont Green Power is scheduled to commence operations by the fourth quarter of 2012, and the Project's EPC contractor will be released to start construction immediately. Rollcast developed the project and will be manage the facility.

The power plant will consume approximately 500,000 tons of woody biomass per year, all of it sourced from the surrounding area.

The positive step forward for this biomass project is somewhat of a national anomaly, given the rules issued by the Environmental Protection Agency's (EPA) earlier this year that have stalled many biomass power projects. Contrary to past understandings that biomass project are carbon neutral, the EPA's Tailoring Rule regulates emissions from the combustion of biomass the same as emissions from the combustion of fossil fuel. With the EPA's new position, biomass power plants are not deemed carbon neutral, placing new risk on biomass power plants for carbon emissions. Moreover, the EPA's proposed Industrial Boiler MACT rule created additional problems for biomass power producers earlier this year by setting emission limits that will be difficult if not impossible to achieve. The EPA may issue changes more favorable to biomass to both rules in early 2011.
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