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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 Heads North to Add Renewable Generation
LCG, July 6, 2016--Southern Co. announced yesterday that its subsidiary, Southern Power, has acquired its first project in Maine, the Passadumkeag Windpark, located in Penobscot County. The 43-MW wind project was purchased from an affiliate of Quantum Utility Generation, which developed and built the project. EDF Renewable Services will serve as the balance-of-plant (BOP) operations and maintenance contractor. Construction began last year and is expected to be completed shortly after this acquisition.
The Passadumkeag Windpark will consist of 13 wind turbines manufactured by Vestas-American Wind Technology Inc. According to Southern Power, the majority of the electricity and associated renewable energy credits (RECs) produced by the facility are sold under a 15-year power purchase agreement (PPA) to Eversource Energy. Southern Power plans to retain a small percentage of the electricity and RECs generated, which it may keep or sell.
The project is consistent with Southern Power's business strategy of growing its wholesale business through the acquisition and construction of generating assets substantially covered by long-term contracts.
"Southern Power's acquisition of Passadumkeag Windpark extends our national presence to 10 states," stated the President and CEO of Southern Power. "This exciting project adds to a dynamic renewable energy portfolio that is delivering clean, safe, reliable and affordable generation to wholesale customers across the country."
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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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