Offshore Wind Projects Receive Boost from Massachusetts and Biden Administration

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.

Read more

NV Energy's Greenlink Nevada Transmission Project Approved by PUCN

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.

Read more

Industry News

Consumers Energy to Acquire Combined Cycle Plant in Michigan

LCG, January 31, 2014--Consumers Energy announced that it will purchase an existing, 540-MW combined cycle natural gas plant rather than construct a previously planned, 700-MW combined cycle plant.

The plant being acquired, DPC Juniper, is located in Jackson, Michigan and commenced operations in 2002. The sale price of the power plant is $155 million. The estimated cost to build the new power plant in Genesee County, Michigan is approximately $700 million.

The acquisition is scheduled to close in January 2016, with the new capacity compensating for an 840-MW capacity reduction caused by the planned retirement of a seven older coal-fired power plants in April 2016.

Consumers plans to withdraw a Certificate of Necessity filing for the constructing the 700-MW generating plant in Thetford Township near Flint. However, Consumers states that it is not cancelling the project, but deferring it. The project will be developed when
circumstances, including customer needs and energy policy, support restarting the project.
Copyright © 2021 LCG Consulting. All rights reserved. Terms and Copyright
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
Generator X
Generation and Transmission Planning and Optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Daily LMP Forecast for ERCOT
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service