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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
Southern Power Acquires Controlling Interest in California Solar Project
LCG, September 1, 2015--Southern Company subsidiary Southern Power yesterday announced the acquisition of a controlling interest (51 percent) in the 200-MW Tranquillity Solar Facility in California from Recurrent Energy, a subsidiary of Canadian Solar Inc. Recurrent Energy will retain the remaining interest in the project, which represents its first partnership with Southern Power.
The Tranquillity Solar Facility is scheduled to commence commercial operations in the fourth quarter of 2016. The electricity and associated renewable energy credits (RECs) generated by the facility will be sold under a 15-year power purchase agreement (PPA) to Southern California Edison. The project will support Southern California Edison???s efforts to meet the California Renewables Portfolio Standard (RPS) of 33 percent renewable energy by 2020 for Investor-Owned Utilities (IOUs).
Project construction began in July at the 1,900-acre site in Fresno County, California. The project includes the installation of over 800,000 polycrystalline photovoltaic (PV) solar modules that will be mounted on tracking tables. Signal Energy Constructors is managing the engineering, procurement and construction of the facility.
Southern Company???s Chairman, President and CEO stated, ???Southern Company's strategic solar expansion is helping diversify our energy mix while strengthening our industry leadership in solar. We will continue to develop the right projects and develop innovative solutions as we shape America's energy future."
In April, Southern Power announced the acquisition of a controlling interest in the 32-MW Lost Hills-Blackwell Solar Facility in California from First Solar, Inc. Southern Power has announced, acquired or is constructing more than 1,300 MW of renewable ownership, including six solar projects in California.
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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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