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News
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LCG, March 31, 2021--The Governor of Massachusetts signed legislation last Friday that authorizes the state to direct utilities to purchase an additional 2,400 MW of offshore wind energy by 2027.
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LCG, March 25, 2021--The Public Utilities Commission of Nevada (PUCN) on Monday approved proceeding with NV Energy's Greenlink Nevada transmission and renewable energy initiative. NV Energy's planned investment in Greenlink is over $2.5 billion.
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Industry News
Spectra Energy Secures Contracts for Gulf Market Expansion Project
LCG, November 12, 2013--Spectra Energy Corp. and Spectra Energy Partners yesterday announced that they have executed new long-term contracts for 650,000 Dth/day of natural gas transportation on the Texas Eastern pipeline system to support the growing manufacturing sector and liquefied natural gas (LNG) export industry along the Texas and Louisiana coast.
Spectra Energy's president of U.S. Transmission and Storage stated, "Spectra Energy's Texas Eastern system is strategically located to provide natural gas from the burgeoning Marcellus, Utica and Eagle Ford production areas to meet demand growth in the industrial and LNG export sectors. We're proud to be the provider of choice for gas producers seeking new industrial markets and for the developing LNG export market in the Gulf Coast region."
Customers that executed long-term service contracts include: EQT Corporation, 100,000 Dth/day, in-service 2016; GDF Suez S.A., 200,000 Dth/day, in-service 2017; Mitsubishi Corporation, 100,000 Dth/day, in-service 2017; MMGS, Inc. (a subsidiary of Mitsui & Co., Ltd), 100,000 Dth/day, in-service 2017; and Range Resources, Appalachia LLC, 150,000 Dth/day, in-service 2016.
The initial phase of the project will provide transportation capacity of 250,000 Dth/day as early as three years from now. Phase two of the project will begin to add 400,000 Dth/day of capacity starting in September 2017 and increasing through December 2018.
The $150 million Gulf Markets Expansion Project is a continuation of Spectra Energy's development efforts, including the Texas Eastern Appalachia to Market (TEAM) 2014 and Ohio Pipeline Energy Network (OPEN) projects, to transform its Texas Eastern Transmission mainline into a bi-directional system providing diverse supply access to Northeast, Southeast and Gulf Coast markets.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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PowerMax
Day-ahead and real-time portfolio revenue optimization
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Generator X
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UPLAN-G
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PLATO
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MarketWatch
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