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News
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
Read more
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Industry News
Tampa Electric Plans to $800 Million Investment in New Solar Power Generation
LCG, February 24, 2020--Tampa Electric recently announced plans to expand its use of solar power to meet customer needs in Florida. The company plans to invest approximately $800 million to add 600 MW of solar electric generating capacity by the end of 2023, when the total solar capacity would exceed 1,250 MW. Solar power will then account for about 14 percent of the utility's energy.
Tampa Electric's existing solar installations total 520 MW of capacity, with another 135 MW to be constructed within a year. The company estimates the solar expansion will reduce carbon dioxide emissions annually by about 500,000 tons, which is roughly equal to removing 100,000 cars from the road.
Tampa Electrics CEO stated, "Our customers want a cleaner energy future for themselves - and their children. We are committed to continue to lead Tampa Electric toward cleaner energy while ensuring our prices remain affordable for customers."
Increasing reliance on solar will significantly change Tampa Electric's generation mix and its use of coal. In the past 20 years, the company states that it has already reduced its use of coal by 92 percent and has cut its carbon footprint in half.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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