Duke Energy Renewables to Install 200-MW Wind Project in Texas

LCG, April 12, 2019--Duke Energy Renewables, a commercial business unit of Duke Energy, yesterday announced it will build, own and operate the MesteƱo Wind Project, located in southern Texas. The power generated by the 200-MW project will be sold into the ERCOT market, and Duke Energy Renewables will enter into a long-term hedge agreement covering the majority of the expected wind energy production. Construction has commenced, and the project is scheduled for completion by year-end.

Read more

FPL Announces Plans for 409-MW Battery Storage System

LCG, April 3, 2019--Florida Power & Light Company (FPL) recently announced a plan to build the world's largest solar-powered battery system, the Manatee Energy Storage Center, as part of a modernization plan to accelerate the retirement of two, 1970s-era natural gas generating units at FPL's neighboring Manatee Power Plant.

Read more

Industry News

Atlantic Power Announces Construction Is on Schedule for Georgia Biomass Project

LCG, May 12, 2011--Atlantic Power Corporation ("Atlantic Power") yesterday announced that construction at Piedmont Green Power, a 53 MW biomass project in Georgia, is on schedule and on budget. The total equity investment is now $75 million, and the remainder of the construction costs for the turnkey project will be funded by project-level financing. The project is scheduled for completion in late 2012.

The electricity generated will be purchased by Georgia Power under a long-term power purchase agreement (PPA). Piedmont Green Power was developed and will be managed by Rollcast Energy, Inc., a biomass developer in which Atlantic Power owns a 60% interest. The project site is approximately 70 miles southeast of Atlanta, Georgia. The power plant will consume approximately 500,000 tons of woody biomass per year, all of it sourced from the surrounding area.

The project is one of the few biomass projects in the U.S. that was not placed on hold due to regulatory uncertainty associated with the Industrial Boiler (IB) MACT, the carbon neutrality of biomass, and/or whether or not the biomass supply qualified as renewable.

While discussing Atlantic Power's first quarter results, Barry Welch, President and CEO, yesterday stated, "Our results for the quarter met our expectations and are in line with our guidance for the year. We continue to focus on accretive development and acquisition opportunities to enhance our long-term cash flows and are confident that we can continue to execute on our growth strategy."

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