EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Duke Energy Renewables to Install 200-MW Wind Project in Texas

LCG, April 12, 2019--Duke Energy Renewables, a commercial business unit of Duke Energy, yesterday announced it will build, own and operate the Mesteño Wind Project, located in southern Texas. The power generated by the 200-MW project will be sold into the ERCOT market, and Duke Energy Renewables will enter into a long-term hedge agreement covering the majority of the expected wind energy production. Construction has commenced, and the project is scheduled for completion by year-end.

Read more

FPL Announces Plans for 409-MW Battery Storage System

LCG, April 3, 2019--Florida Power & Light Company (FPL) recently announced a plan to build the world's largest solar-powered battery system, the Manatee Energy Storage Center, as part of a modernization plan to accelerate the retirement of two, 1970s-era natural gas generating units at FPL's neighboring Manatee Power Plant.

Read more

Industry News

Opening Ceremony Held for the 576-MW Gwynt y Môr Offshore Wind Farm

LCG, June 19, 2015-The inauguration ceremony for the world's 2nd largest offshore wind farm, Gwynt y Môr, occurred yesterday, with an official dedication by Carwyn Jones, First Minister of Wales. The wind farm, located eight miles offshore in Liverpool Bay, includes 160 wind turbines with a combined electric generating capacity of 576 MW. The $3.3 billion wind farm investment is shared by RWE (60 percent) and its partners in Gwynt y Môr, Stadtwerke München (30 percent) and Siemens (10 percent).

Carwyn Jones, First Minister of Wales, stated, "Gwynt y Môr is a huge achievement and will continue to bring a number of benefits to the North Wales region. Local companies have been among those to benefit during construction and the site will bring high quality employment and opportunities for years to come. With young people receiving training as part of the wind turbine apprenticeship scheme at Grwp Llandrillo Menai and the courses offered at the college's Energy Centre in Llangefni, North Wales is the go-to place for those looking for a workforce skilled in the field of energy."

RWE AG's Chief Executive Officer said, "With today's inauguration we are now definitely playing in the Offshore Wind Champions League! Thanks to our German wind park Nordsee Ost, inaugurated only three weeks ago and now Gwynt y Môr offshore wind farm will become the third largest player in the European offshore market. The expansion of renewable energy is one of our main growth areas. We currently expect to invest over 1 billion Euro up to 2017 in growing renewables, with wind power at the forefront of that investment." The CEO of RWE Innogy, added, "At the end of this year 40 percent of our power generation from renewables will already come from offshore power production. Due to this increase in offshore capacity our operating result will see double-digit growth."

The Gwynt y Môr wind farm includes two offshore substations and over six miles of cables. The Siemens turbines have a capacity of 3.6 MW each, and the 160 steel monopile foundations were installed at water depths of over 90 feet. Each turbine rises approximately 500 feet above the mean sea level.

Siemens provided both turbines and sub-stations, along with financing and a 12-year Service and Warranty contract.
Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service