EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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

FPL Announces Plans to Construct Combined-Cycle Facility in Florida

LCG, July 7, 2015-Florida Power & Light Company (FPL) last week announced plans to construct the 1,600-MW Okeechobee Clean Energy Center in Florida. The natural gas-fired, combined-cycle power plant is estimated to cost $1.2 billion and is planned to commence service by mid-2019.

"Not only would this new plant help us meet the needs of Florida's growing population and economy, it would also be one of the lowest-cost, cleanest and most efficient of its kind in the world," stated the president and CEO of FPL.

In March 2015 FPL filed with the Florida Public Service Commission (FPSC) its ten-year plan that forecast a significant need for additional firm power generation beginning in 2019, with more to be added in future years. FPL also issued in the first quarter a Request for Proposals (RFP) to invite prospective bids from interested power providers for firm generation. However, FPL received only one partial bid that did not conform to the terms of the RFP and fell far short of meeting the required energy need. With such a response, FPL plans to proceed and construct its own facility.

The proposed Okeechobee Clean Energy Center would be built on company-owned property in northeastern Okeechobee County, where the 2,800-acre property also offers space to accommodate future large-scale solar power generation facilities.

Prior to construction, regulatory approval will be required, and the process is expected to extend for 14-16 months. Plans must undergo comprehensive reviews by the Florida Department of Environmental Protection, FPSC and a number of other county, state and federal government agencies. FPL intends to file for regulatory approval in the coming months.

The president and CEO of FPL stated, "We're building on our successful strategy of phasing out older, inefficient facilities and replacing them with advanced, high-efficiency clean-energy technology in a way that ensures we can meet the growing energy needs of Floridians while keeping their electric rates low. The strategy is working: our system is among the cleanest and most fuel-efficient in the U.S., and our typical customer bills are about 30 percent lower than the national average."
Copyright © 2021 LCG Consulting. All rights reserved. Terms and Copyright
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
Generator X
Generation and Transmission Planning and Optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketVision
Daily LMP Forecast for ERCOT
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service