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.

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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.

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Industry News

Southern Power Acquires Controlling Interest in California Solar Project

LCG, September 1, 2015--Southern Company subsidiary Southern Power yesterday announced the acquisition of a controlling interest (51 percent) in the 200-MW Tranquillity Solar Facility in California from Recurrent Energy, a subsidiary of Canadian Solar Inc. Recurrent Energy will retain the remaining interest in the project, which represents its first partnership with Southern Power.

The Tranquillity Solar Facility is scheduled to commence commercial operations in the fourth quarter of 2016. The electricity and associated renewable energy credits (RECs) generated by the facility will be sold under a 15-year power purchase agreement (PPA) to Southern California Edison. The project will support Southern California Edison???s efforts to meet the California Renewables Portfolio Standard (RPS) of 33 percent renewable energy by 2020 for Investor-Owned Utilities (IOUs).

Project construction began in July at the 1,900-acre site in Fresno County, California. The project includes the installation of over 800,000 polycrystalline photovoltaic (PV) solar modules that will be mounted on tracking tables. Signal Energy Constructors is managing the engineering, procurement and construction of the facility.

Southern Company???s Chairman, President and CEO stated, ???Southern Company's strategic solar expansion is helping diversify our energy mix while strengthening our industry leadership in solar. We will continue to develop the right projects and develop innovative solutions as we shape America's energy future."

In April, Southern Power announced the acquisition of a controlling interest in the 32-MW Lost Hills-Blackwell Solar Facility in California from First Solar, Inc. Southern Power has announced, acquired or is constructing more than 1,300 MW of renewable ownership, including six solar projects in California.
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