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New York Issues Offshore Wind Solicitation

LCG, November 9, 2018--The Governor of New York yesterday announced a solicitation for 800 MW or more of new offshore wind projects to supply renewable energy to New York to combat climate change. The New York State Energy Research and Development Authority (NYSERDA) issued the Request for Proposals (RFP), which is the first key step in New York's plan to install 2,400 MW of offshore wind projects by 2030.

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Xcel Energy to Acquire Mankato Energy Center from Southern Power

LCG, November 8, 2018--Xcel Energy and Southern Power, a subsidiary of Southern Company, earlier this week announced an agreement for Southern Power to sell the Mankato Energy Center to Xcel Energy for $650 million. The completion of the sale, subject to regulatory approval and other closing conditions, is expected to be mid-2019.

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Industry News

LCG teams up with Scientists at Lawrence Berkeley National Lab to assess electricity policies in a high renewable environment


LCG, May 16, 2018 – With the help of LCG experts and the modeling engine, UPLAN, researchers at Lawrence Berkeley National Laboratory published a report today examining a high renewable energy environment and existing electricity sector policies, rather than the tradition generation mix that has historically been used to look at policy decisions.

Joachim Seel, Andrew Mills, and Ryan Wiser, researchers in the Electricity Markets and Policy Group at Berkeley Lab, joined forces with experts at LCG Consulting to analyze results from detailed electricity market simulations for the year 2030. These simulation results were applied qualitatively to reexamine policy decisions like nuclear incentives, EV charging infrastructure and energy efficiency portfolios.

Their main objective: Do electric-sector decisions made assuming low variable renewable levels still achieve their intended objectives in a high renewable future? The simulations address generation mix, wholesale and ancillary service prices, and carbon emissions across SPP, NYISO, CAISO, and ERCOT.

The report, Impacts of High Variable Renewable Energy Futures on Wholesale Electricity Prices, and on Electric-Sector Decision Making is available here .

Contact: Julie Chien at julie.chien@energyonline.com

About Lawrence Berkeley National Lab: Berkeley Lab is part of a national laboratory system supported by the Department of Energy and managed by the University of California. It is on the cutting edge of engineering, biology, physics, and energy research, with 70 scientists in the National Academy of Scientists and 13 Nobel prizes associated with the institution.

About LCG Consulting: With more than 20 years of experience, Silicon Valley-based LCG Consulting is a pioneer in modeling the competitive energy market. LCG Consulting offers a full range of consulting services for the electric and gas industries.

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