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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
Piedmont Natural Gas Obtains Approval from State Commission for the Proposed Atlantic Coast Pipeline
LCG, October 28, 2014-Piedmont Natural Gas yesterday received regulatory approval from the North Carolina Utilities Commission (NCUC) for its affiliate agreements with the Atlantic Coast Pipeline (ACP). Regulatory approval from the NCUC is necessary, as Piedmont Natural Gas is both a financial partner and a customer of the proposed natural gas pipeline. In addition, approval for the project will be needed from the Federal Energy Regulatory Commission (FERC).
Piedmont Natural Gas, Dominion, Duke Energy, and AGL Resources announced in early September their new partnership called Atlantic Coast Pipeline LLC, together with plans to construct, own and operate the 550-mile natural gas pipeline to deliver gas supplies via a new, direct path from the growing Marcellus and Utica shale basins in West Virginia, Pennsylvania and Ohio to the growing demands in North Carolina and Virginia. The partnership will own the pipeline initially proposed by Dominion as the Southeast Reliability Project. The planned pipeline, with a 1.5 Bcf/day design capacity, is targeted in part to meet the needs identified in requests for proposals last April by Duke Energy and Piedmont, and in June by Virginia Power Services Energy. The estimated cost of the project is $4.5 billion to $5 billion, and the pipeline could be operational by late 2018, pending regulatory approval.
The new joint venture ownership stakes are divided as follows: Dominion, 45 percent; Duke Energy, 40 percent; Piedmont, 10 percent; and AGL Resources, 5 percent. Subsidiaries and affiliates of all four joint venture partners plan to be customers of the pipeline under 20-year contracts, pending regulatory approvals. PSNC Energy also plans to be a customer of the pipeline under a 20-year contract, pending regulatory approvals.
The proposed Atlantic Coast Pipeline will extend from Harrison County, West Virginia southeast through Virginia, with an extension to Chesapeake, Virginia, and then south through central North Carolina to Robeson County. The project design includes 42-inch diameter pipe in West Virginia and Virginia, reducing to 36 inches in diameter in North Carolina. Three compressor stations are included: one at the beginning of the pipeline in West Virginia, one in central Virginia (Buckingham County), and one near the Virginia-North Carolina state line. The range of normal operating pressure on the pipeline will be from 750 to 1,440 psig, the Maximum Allowable Operating Pressure (MAOP) of the pipeline.
Dominion will build and operate the Atlantic Coast Pipeline on behalf of the venture. Dominion now operates nearly 8,000 miles of interstate pipeline in six states.
Dominion plans to submit a pre-filing request with the FERC this fall on behalf of Atlantic Coast Pipeline and to file its FERC application next summer. Dominion's schedule includes receiving the FERC Certificate of Public Convenience and Necessity (CPCN) in the summer of 2016, with project construction commencing shortly thereafter.
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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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