PacifiCorp Issues RFP for Over 4,300 MW of Generation Resources

LCG, July 9, 2020--PacifiCorp Monday issued the largest request for proposals (RFPs) for energy projects in company history, seeking more than 4,300 MW in solar, wind and battery storage resources that can connect to its 10-state transmission system and achieve commercial operation by December 31, 2024.

Read more

Analysis of Resource Adequacy in ERCOT - July - December 2020

LCG, June 30, 2020 - LCG Consulting just released its analysis of ERCOT for the second half of 2020, July through December.

Read more

Industry News

TransWest Express Transmission Project Receives Approval from BLM

LCG, December 14, 2016--The Bureau of Land Management (BLM) has signed its Record of Decision approving the TransWest Express Transmission Project (TWE), a high-voltage, direct current (HVDC) electric transmission system being developed by TransWest Express LLC to deliver renewable energy primarily generated from wind farms developed in Wyoming to load centers in Southern California. The proposed transmission infrastructure additions will add 3,000 MW of transmission capacity from a Rocky Mountain regional terminal in south-central Wyoming to a Southwest terminal near Las Vegas, Nevada, which provides interconnections to the California, Nevada and Arizona grids.

The executed BLM Record of Decision (ROD) completes the Environmental Impact Statement (EIS) process and approves issuing a right-of-way (ROW) grant for the TWE Project on BLM-managed land, which accounts for approximately 60 percent of the 730-mile route.

The TWE Project Final EIS was published May 1, 2015. BLM and Western Area Power Administration (WAPA) prepared the document as joint lead federal agencies. TransWest's ROW application for the TWE Project was filed with the BLM eight years ago on December 12, 2008. The Draft EIS was published July 3, 2013.

The president and CEO of TransWest, an independent transmission developer, stated, ?The Western U.S. needs new interregional transmission infrastructure like the TWE Project, which will allow California and other Desert Southwest utilities to directly access high-capacity Wyoming wind to balance and diversify their generation portfolios in a cost-effective manner?.Today?s important federal permitting milestone further advances the TWE Project?s progress and brings this critical infrastructure project one step closer to construction ? creating employment opportunities across the West."

The project is estimated to require a three-year construction period.

At the southwest terminal where the renewable energy is delivered, the receiving states, Nevada, Arizona and California, all have renewable portfolio requirements with increasing targets for renewable energy. California?s Renewables Portfolio Standard (RPS), originally established by legislation enacted in 2002, now sets a requirement for California?s electric utilities to have 50 percent of their retail sales derived from eligible renewable energy resources in 2030 and all subsequent years.

Nevada established an RPS as part of its 1997 restructuring legislation. Under the amended standard, NV Energy (formerly Nevada Power and Sierra Pacific Power) must meet a requirement of 25 percent by 2025. The Arizona Corporation Commission (ACC) has expand Arizona?s Renewable Energy Standard (RES) to 15 percent by 2025.
Copyright © 2020 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Daily LMP Forecast for ERCOT
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service