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TVA Board Votes to Retire Over 2,000 MW of Coal-fired Generation

LCG, February 14, 2019--The Tennessee Valley Authority (TVA) Board voted today to retire both the Paradise Unit 3 and Bull Run coal-fired power plants within the next few years. The closures will reduce the TVA fleet electric generating capacity by 2,031 MW.

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MHPS to Supply Three J Class Turbines for Power Project in Virginia

LCG, February 8, 2019--Balico, LLC and Gemma Power Systems selected Mitsubishi Hitachi Power Systems Americas (MHPS) and its J Class turbines for the 1,600-MW Chickahominy Power Station project in Virginia. The combined cycle power plant will deliver power into the PJM regional transmission grid and is scheduled for completion in 2022.

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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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