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News
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LCG, May 8, 2025--The Southwest Power Pool (SPP) Board of Directors approved SPP’s proposed Expedited Resource Adequacy Study (ERAS) at its May 6 meeting. SPP developed the new ERAS in collaboration with its stakeholders in response to the growing need to add new generating resources before the region’s generating capacity is outpaced by its electricity demands. ERAS is intended to be a one-time, expedited study process designed to significantly accelerate the addition of new power generation facilities to the grid and address concerns about the near term ability to maintain the affordable and reliable electric service that consumers expect.
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LCG, May 7, 2025--EDP Renewables North America LLC (EDPR NA) announced yesterday the inauguration of its Scarlet II Solar Energy Park (Scarlet II) in Fresno County, California. This phase of the solar plus energy storage project includes 200 MW of solar capacity, plus a co-located 150 MW/600 MWh battery energy storage system (BESS). The initial phase of the project, Scarlet I, which provides 200 MW of solar and 40 MW/160 MWh of BESS, achieved commercial operations in July 2024.
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Industry News
NorthRenew Energy achieved financial close for TG East Wind Project
June 18, 2020 - The TGE project, located in Knox County, Texas, represents a $450 million total investment and is expected to have 336MW of nameplate capacity comprised of Vestas V-150 4.2MW and V-162 5.6MW wind turbines, the first installation of the largest onshore turbine technology in the United States.
NRE acquired TGE from Oklahoma-based Chermac Energy in late 2017 and sold its interests to the Finnish company Taaleri Energia in 2018 as Taaleri’s first US project. TGE is expected to start operations in 2021.
A lender group comprising Nord/LB, Santander, Societe Generale and Mizuho Bank led syndication of the construction debt facility and a tax equity bridge loan. BHE Renewables, a subsidiary of Berkshire Hathaway will provide the tax equity investment. The project equity consortium includes Taaleri SolarWind II Fund, the Danish Infrastructure Fund AIP, Ilmarinen Mutual Pension Insurance Company and Akuo Energy USA.
TGE is contracting its output under Allianz Global & Specialty Inc.'s Alternative Risk Transfer unit in form of a proxy revenue swap.
LCG Consulting of Los Altos, California was commissioned by Garth Klimchuk, Co-Founder and Managing Partner of NRE and Taamir Fareed, Head of Development of Taaleri to perform an economic analysis to assess the congestion risks in the surrounding areas of the TGE wind project and their impact on plant performance including any generation curtailment based on hourly modeling of the ERCOT grid using LCG’s proprietary UPLAN Network Power Model and PLATO data model taking into consideration the expected generation additions and transmission expansion.
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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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