EIA Publishes Study on High Renewables Growth Impact in WECC Markets using UPLAN

LCG, July 19, 2024 – A working paper published by the U.S. Energy Information Administration (EIA) utilized the UPLAN model to study the impact of high renewables growth in the Western Electric Coordinating Council (WECC) markets.

Read more

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

Read more

Industry News

AEP Moves Another Step Closer to Retiring 4,400 MW of Coal-fired Generating Facilities by Summer

LCG, March 25, 2015--American Electric Power (AEP) will close six coal-fired power plants by the end of May, with four additional retirements scheduled by year-end. The plant closings are part of the utility's compliance plan for new Environmental Protection Agency EPA regulations, primarily the Mercury and Air Toxics Standard (MATS) rule that commence in June.

An AEP spokesperson stated that AEP has sent notices to employees at the Kanawha River (400 MW), Philip Sporn (600 MW) and Kammer (630 MW) plants in West Virginia; the Glen Lyn (335 MW) plant in Virginia; the Muskingum River (1,440 MW) plant in Ohio; and the Tanners Creek (995 MW) plant in Indiana that these facilities will cease operations by May 31, 2015. The combined generating capacity of these plants that will be closed prior to the summer peak season is 4,400 MW.

AEP also plans to retire Clinch River, Unit 3 (235 MW), in Virginia; Big Sandy, Unit 2 (800 MW), in Kentucky; and the Beckjord Generating Station (53 MW) and Picway, Unit 5 (100 MW) in Ohio by year-end. These closures total another 953 MW of generating capacity.

In 2016 AEP plans to retire Northeastern Station, Unit 4 (470 MW), in Oklahoma; and Welsh, Unit 2 (528 MW), in Texas. In total, these retirements will eliminate 6,586 MW of electric generating capacity.
Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service