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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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Dominion Energy Virginia Pursues 500 MW of Renewable Projects

LCG, August 8, 2019--Dominion Energy Virginia announced Monday that it is seeking bids for up to 500 MW of renewable capacity in both 2021 and 2022 to increase its clean energy resources. Dominion Energy stated that it is committed to having 3,000 MW of solar and wind in operation or under development in Virginia by 2022. This near-term step is part of an ultimate company commitment to reduce carbon emissions by 80 percent by 2050 across the 18 states it serves.

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Industry News

DONG Energy Announces Key Suppliers for Walney Extension Offshore Wind Farm

LCG, March 18, 2015-DONG Energy announced late last week its key suppliers for the second phase of the Walney Extension Offshore Wind Farm off the northwest coast of England in the United Kingdom. DONG Energy selected Siemens AG to supply its 7.0-MW direct drive wind turbine, with the second phase of the wind farm adding approximately 330 MW of additional electric generating capacity.

For the transmission system, DONG Energy selected ABB to supply a high-voltage cable system to deliver power from the Walney Extension to the United Kingdom. The Walney Extension will provide additional generation potential of 660 MW on top of the existing offshore wind farm capacity of 367 MW.

The Senior vice president for DONG Energy Wind Power stated, "The 7-MW turbine is an upgrade of the 6-MW platform, that we are very familiar with and are already installing at both Westermost Rough in the UK and at our Gode Wind 1+2 wind farms in Germany. We are certain that this improved and bigger turbine will contribute to driving down cost of offshore wind power even further."

The existing Walney offshore wind farm is located approximately nine miles west of Walney Island off the coast of Cumbria in the Irish Sea. The Walney Extension Wind Farm site where ABB is supplying the high-voltage cable system is northwest of the existing installation and will cover an area roughly twice as large. ABB will design, manufacture, supply and commission the 220 kV alternating current (AC) cable system. The link includes approximately 100 miles of undersea cable to connect the two wind farm platforms to each other and to shore, plus about 15 miles of underground cable for the onshore grid connection.

Earlier this year, DONG Energy selected MHI Vestas Offshore Wind, with their 8.0-MW turbine, as its preferred supplier for the first phase of the Walney Extension Offshore Wind Farm.
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