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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

New York Governor Looks for Options to Indian Point

LCG, September 27, 2011--New York Governor Andrew Cuomo believes that the carbon-free power generated by Indian Point Energy Center, a nuclear power plant located on the Hudson River about 24 miles north of New York City, can be replaced by other electric generating sources.

Following the earthquake and tsunami in Japan last March and the subsequent issues at the Fukushima Nuclear Power Plant, nuclear plants in the United States, especially those located near large population centers, have been under increased scrutiny.

The Governor recently stated, "There is no doubt that we need replacement power if we are to close Indian Point. There is also no doubt that we can find it....We can retrofit old plants, we can site new plants, we can improve transmission lines. So if we want to find replacement power, we can."

The Indian Point Energy Center, owned by Entergy, includes two nuclear units with a combined generating capacity of 2,069 MW. The 40-year operating licenses for the two units are scheduled to expire on September 28, 2013 and December 15, 2015, respectively, and Entergy has applied for 20-year extensions for both units.
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