EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

New York PSC Approves Ravenswood Energy Storage Project

LCG, October 18, 2019--The New York State Public Service Commission (PSC) yesterday approved construction of the largest battery storage facility in New York State history. The 316-MW Ravenswood Energy Storage Project will be built in Long Island City, Queens, New York and scheduled to be partially operational by March 2021.

Read more

Xcel Energy, EVRAZ North America and Lightsource BP Announce 250-MW Solar Project in Colorado

LCG, October 1, 2019--Xcel Energy, EVRAZ North America and Lightsource BP announced Friday that they have reached a long-term agreement to develop a 240-MW solar facility in Colorado. Lightsource BP will finance, build, own and operate the Bighorn Solar project and sell all the electricity it generates to Xcel Energy under a long-term power purchase agreement (PPA). The project will be built on EVRAZ Rocky Mountain Steel property in Pueblo, making it the largest on-site solar facility dedicated to a single customer in the country.

Read more

Industry News

GM Targets 100 Percent Renewable Energy by 2050

LCG, September 20, 2016--General Motors (GM) announced plans last week to generate or source all electrical power for its 350 operations in 59 countries with 100 percent renewable energy by 2050. GM's new renewable energy commitment advances GM's previous goal to promote the use of 125 MW of renewable capacity by 2020.

GM's Chairman and CEO stated, "Establishing a 100 percent renewable energy goal helps us better serve society by reducing environmental impact. This pursuit of renewable energy benefits our customers and communities through cleaner air while strengthening our business through lower and more stable energy costs."

The global goal represents about 350 facilities where GM pays utility bills, which includes both manufacturing and non-manufacturing buildings leased or owned by GM. In 2015, GM required 9,000 gigawatt hours of electricity to build its vehicles and power its offices, technical centers and warehouses around the world.

From a renewable supply perspective, GM has a capacity of 106 MW of renewable energy globally, including 22 facilities with solar arrays, three sites using landfill gas, and four that will benefit from wind power by the end of this year. Furthermore, GM is in the process of adding 30 MW of solar arrays at two facilities in China. Given the capacity of today's renewable resource portfolio, GM will need an aggressive expansion of its renewable resources, along with load management, energy efficiency and energy storage to complement intermittent renewable resources, in order to meet the 100 percent target in 2050.

GM plans to leverage its electric vehicle battery expertise to meet this renewable energy goal. GM is currently using Chevrolet Volt batteries for energy storage at its Milford Proving Ground data center office.
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