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First Solar Starts Operations of the 250-MW Moapa Southern Paiute Solar Project

LCG, March 22, 2017--First Solar, Inc. Friday held the commissioning ceremony for the Moapa Southern Paiute Solar Project, located approximately 30 miles north of Las Vegas on the Moapa River Indian Reservation. The power generated by the 250-MW solar photovoltaic (PV) project will be purchased under a 25-year power purchase agreement (PPA) with the Los Angeles Department of Water and Power(LADWP).

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Mortenson to Construct Xcel Energy's 600-MW Rush Creek Wind Project in Colorado

LCG, March 9, 2017--Mortenson announced yesterday that it has been selected to construct the 600-MW Rush Creek Wind Project in eastern Colorado. Xcel Energy will own and operate the project, which has a target in-service date of October 2018 and an estimated cost of over $1 billion.

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Press Release

California Electricity Market 10-Year Forecast


LCG, October 19, 2015-LCG Consulting of Los Altos, California has announced the release of its latest ten-year forecast of the CAISO electricity market (2016-2025). Results suggest that the mandated, large-scale deployment of renewables will impact the state’s electricity market. The study includes hourly price forecasts at Default Load Aggregation Points (DLAP) and Trading Hubs. Results also include monthly summaries of constraints that experience the highest congestion and generation by fuel type.

With State's renewable portfolio standards (RPSs), California is expected to experience rapid renewable technology deployment over the coming decade. Large scale solar deployment will impact the state’s net load during peak hours and have significant implications for hourly locational marginal prices (LMP). This along with other proposed supply and demand side changes will have significant impact on the state’s future electricity market. In order to forecast the impact of these factors on the California electricity market LCG has conducted an extensive study to simulate CAISO operations through 2025.

LCG used the UPLAN Network Power Market model to perform hourly nodal simulations of every hour of the time horizon. UPLAN is a fundamental model that represents all generation units, loads, and transmission infrastructure in CAISO and simulates the physical and financial behavior of the participants in the CAISO market with respect to the market protocols. The study includes detailed forecasts of load, fuel prices, renewable and hydro generation profiles, and generation expansion and retirement. The analysis takes into consideration the RPS target, reserve margin and ramping requirements set recently by California regulators and CAISO. Read more.

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