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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
Progress Energy Carolinas Plans New Gas-fired Power Plant
LCG, October 30, 2007--Progress Energy Carolinas, a subsidiary of Progress Energy, announced plans yesterday to install a new, gas-fired power generating unit at its existing Richmond County Energy Complex south of Hamlet, North Carolina. According to the utility, the additional electric generating capacity is needed to ensure reliable service to its customers.
The existing station already includes 1,230 MW of gas-fired, electric generating capacity. With the additional capacity planned, Progress Energy also proposes to install over 60 miles of 230-kW transmission line between the Richmond County Energy Complex switchyard and a substation on Woodruff Street on Fort Bragg Army Base.
The target date for operations of the new generating unit and electric transmission line is mid-2011, and the estimated cost for the facilities is $700 million to $750 million . The projects will require approval by the North Carolina Utilities Commission, as well as the Progress Energy board of directors.
Both Progress Energy Carolinas and its affiliate, Progress Energy Florida, are also pursuing the development of new nuclear reactors, which would tend to reduce the carbon intensity (carbon emitted per megawatt hour generated) of the Progress Energy electric generation portfolio. Progress Energy Carolinas plans to build new reactors at Progress Energy's Harris Nuclear Plant in the Carolinas. Progress Energy Florida selected a site in Levy County, Florida near its existing Crystal River Energy Complex for the possible construction of a new nuclear power plant. Progress Energy has not yet made decisions on whether or not to proceed with the installation of any new reactors.
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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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