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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 Receives Green Light for Moapa Power Plant
LCG, September 21, 2004--The Public Utilities Commission of Nevada (PUCN) issued its final order allowing Nevada Power Company, a wholly owned utility of Sierra Pacific Resources, to proceed with the purchase of the partially completed Moapa Power Plant from Duke Energy Corporation. The total cost of the Project is estimated at $558 million, including the $182 million payment to Duke. 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 and will be connected to the Kern River Pipeline. The plant is roughly 50% complete, with the gas and steam units already set on their foundations.This summer, Nevada Power filed an amended Integrated Resource Plan (IRP) with the PUCN to incorporate the Moapa Project and requested a 15.25 percent return on equity - well above the 10.25 percent allowable rate of return set earlier this year by the PUCN. In the final order issued September 17, the PUCN deemed the plant a "critical facility" and provided Nevada Power an additional 2 percent return on equity on construction costs. Furthermore, an additional 1 percent incentive for timely completion of the plant was approved. Specifically, the plant's two units are to be on line by March 31, 2006, and June 30, 2006.The order also includes a requirement for Nevada Power to include a green power pricing tariff in its 2005 general rate case that would allow customers to pay for power generated through renewable energy resources. Nevada Power was recently granted a waiver after failing to meet Nevada's renewable energy standards 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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