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Massachusetts Poised to Target More Offshore Wind

LCG, August 2, 2018--The Massachusetts Legislature approved H4857, An Act to Advance Clean Energy, on Tuesday that includes: an increase in the Massachusetts Renewable Portfolio Standards (RPS) goals to 35 percent by 2030, a 1,000 MW energy storage goal by 2025, and a path to install an additional 1,600 MW of offshore wind capacity. With the current goal of installing 1,600 MW of offshore wind capacity, the total offshore wind capacity would be 3,200 MW. The legislation will now be received by the Governor of Massachusetts.

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Pattern Development Completes Power Purchase Agreements for 200 MW Wind Project in New Mexico

LCG, August 1, 2018--Pattern Energy Group 2 LP (Pattern Development) yesterday announced it has signed 15-year power purchase agreements (PPAs) with Silicon Valley Clean Energy (SVCE) and Monterey Bay Community Power (MBCP) to deliver wind power from the 200 MW Duran Mesa Wind project currently in development near Corona, New Mexico. SVCE has signed a PPA for 110 MW, and MBCP has signed a PPA for 90 MW.

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Press Release

ERCOT 2017 Summer Quarter Outlook


LCG, July 13, 2017-- Earlier this year LCG Consulting published two quarterly reports, January – March, 2017 and March – May 2017, looking at how the ERCOT grid can cope with strained network conditions. LCG just released a new report that covers the analysis for the 2017 summer season (June through September). Extreme loading is a key factor in considering resource adequacy for the region during summer season.

This summer quarter report examines Base Case, High Generation Outage Case, High Load Case and Low Wind Case. It discusses how prices vary between the considered sensitivity scenarios, and what kind of congestion stakeholders can expect and where it can be expected.

LCG performed this study using 5-minute dispatch and its proprietary UPLAN Network Power Model. LCG has been modeling energy systems for more than 30 years and continuously sustains the most up-to-date information on every detail of the Texas grid, from minor and major transmission upgrades to gas prices and weather patterns.

If you are interested in receiving the full summer quarter outlook, please contact us at julie.chien@energyonline.com. For more in depth analysis, LCG can provide tailored datasets, such as individualized generator performance, hourly prices, and much more.

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