EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

AWEA Issues Fourth Quarter 2019 Market Report

LCG, February 7, 2020--The American Wind Energy Association (AWEA) recently released its new U.S. Wind Industry Fourth Quarter 2019 Market Report. AWEA reports new wind turbine installations have added 5,476 MW of electric generating capacity during the fourth quarter, which results in 2019 installations totaling 9,143 MW. The total installations represent an increase over 2018, but the total for 2019 falls short of total annual installations for 2015 and 2016. In addition to new capacity additions, developers completed 2,500 MW of turbine repowerings for the year.

Read more

Duke Energy Florida Announces New Solar Power Projects

LCG, January 29, 2020--Duke Energy Florida (DEF) Monday announced the locations of its two newest solar power plants that will provide a combined installed capacity of nearly 150 MW. DEF is investing an estimated $1 billion to construct or acquire a total of 700 MW of cost-effective solar power facilities from 2018 through 2022 in Florida, and planning for another 1,500 MW of solar generation through 2028.

Read more

Industry News

Court Ruling Supports Dominion's Plans for Exports at Cove Point LNG Terminal

LCG, January 9, 2013--In a court ruling made public on January 4, Dominion Resources Inc. retains the right to export liquefied natural gas (LNG) from its Cove Point, Maryland, facility on the Chesapeake Bay. The Circuit Court Judge rejected arguments by the Sierra Club that such exports violated a 2005 agreement.

With the court ruling, Dominion announced it will proceed with engineering, marketing and regulatory review processes to enable LNG exports from the Cove Point site. Dominion expects the liquefaction project to cost between $2.5 billion and $3.5 billion.

Dominion acquired the Cove Point facility from Williams in 2002 and began importing LNG via ships in the summer of 2003. In 2009, Dominion finished an expansion project that increased Cove Point's storage and production capacity by nearly 80 percent. With the drop in natural gas prices and ample gas supplies in North America, Dominion has reversed course and plans to modify the site to enable LNG exports.

The Circuit Court ruled that Dominion Cove Point's agreement with environmental agencies allows it to build liquefaction facilities inside the plant's fenced area and export LNG. The Sierra Club had maintained Dominion needed its permission to build the facilities.

Dominion's president and CEO stated, "Dominion has made considerable progress towards a project that will bring jobs and revenues to the national and local economies. We have received support from business, labor, government, community and environmental groups for a major construction project that would bring great benefits to many people. We look forward to working with the Sierra Club and other involved environmental groups to continue the outstanding record of environmental cooperation at Dominion Cove Point."

Last June Dominion filed a request with the Federal Energy Regulatory Commission (FERC) to start the pre-filing process in anticipation of filing an application this year.


Copyright © 2020 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service