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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
Nevada Power Seeks 15.25 Percent Return on Moapa Project
LCG, August 6, 2004--Nevada Power's recently proposed purchase of the partially completed Moapa Power Plant from Duke Energy Corporation includes a proposal to the Public Utilities Commission of Nevada (PUCN) to allow a 15.25 percent return on equity. Earlier this year, the PUC set the allowable rate of return for Nevada Power at up to 10.25 percent. The total cost of the Project is estimated at $558 million, including the $182 million payment to Duke. The purchase is subject to approval by the PUCN, with operations targeted for June 2006.Nevada Power, a wholly owned utility of Sierra Pacific Resources, recently filed an amended Integrated Resource Plan (IRP) with the PUCN to incorporate the Moapa Project. On Wednesday, participants in the case filed written testimony with the PUCN. The Bureau of Consumer Protection, the Southern Nevada Water Authority and PUC staff members supported the purchase but requested the PUC reject or modify the 5 percentage point incentive increase proposed by Nevada Power for the return on equity associated with the new plant. The PUC staff recommended reducing the return from 15.25 percent to 13.25 percent. The hearings on the Moapa Project are scheduled on August 25, 2004.The Moapa Project is located about 20 miles northeast of Las Vegas in the Moapa Valley. The natural gas-fired project consists of two, 600 MW combined cycle plants. The plant is roughly 50% complete, with the gas and steam units already set on their foundations. Nevada Power plans to complete the contruction. The plant will connect to the Kern River Pipeline, and Nevada Power plans to pursue pipeline capacity through Kern River's open season planned for later this year.
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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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