EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

Read more

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

Read more

Industry News

Atlantic Wind Connection Files Application to Support Offshore Grid for Wind Power

LCG, April 1, 2011--Atlantic Wind Connection (AWC) filed a right-of-way application yesterday with the Department of the Interior's Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) to support plans to construct an underwater electric transmission system designed to transmit up to 7,000 MW of power from offshore wind turbines to the transmission grid, with four planned connections ranging from near Norfolk, Virginia up to Delaware, plus interconnections in southern and northern New Jersey.

Trans-Elect (affiliated with the project) filed an application with the Federal Energy Regulatory Commission (FERC) for approval to construct system last December. The target schedule for the project is to receive regulatory approvals and project funding by 2013. Construction could then commence, with the first phase of construction completed in 2016 and the entire, 350-mile project completed by 2020. The estimated project cost is approximately $5 billion.

The project plans to use High Voltage Direct Current (HVDC) technology to create the off-shore, transmission backbone. The project is designed to be scalable so that it can be expanded to receive energy from additional off-shore wind projects.

The project investors are Good Energies, Google and Marubeni.
Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service