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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
AWEA Reports Third Quarter Progress for U.S. Wind Projects in 2016
LCG, October 31, 2016--The American Wind Energy Association (AWEA) announced last Thursday that the industry installed 895 megawatts (MW) during the third quarter of 2016, which brings the year-to-date installations to 1,725 MW. During the third quarter, wind projects came online in seven states: Texas, Minnesota, Maine, Rhode Island, Oregon, Massachusetts and Utah.
According to AWEA, over 20 gigawatts (GW) of wind power capacity are now under construction or in advanced development in the U.S. Wind project developers reported 13,563 MW under construction across the U.S. and 6,717 MW in advanced development, which combined is a near-record 20,280 MW of potential additional wind capacity.
The CEO of AWEA stated, "To put the 20 gigawatts of wind capacity under development in perspective, consider that the entire U.S. wind fleet just recently passed 75 gigawatts. This enormous growth reflects what we hear from states, utilities and Fortune 500 companies all the time - wind power is increasingly their first choice for energy. It's a great deal for customers, invests in communities that host turbines, and helps all Americans breathe easier. That's the wind power success story Americans know and love."
AWEA's Board Chairman stated, "Wind is winning. Wind is winning here in Iowa, in America, and in the rest of the world. The unprecedented five-year extension of the Production Tax Credit at the end of last year was a beacon of certainty for our industry, and ended the boom-bust cycles we've previously weathered. Wind has come from green to mainstream, and that's because it's really become an irresistible deal, for big purchasers and for everyone who pays an electric bill. And it's becoming an even better deal all the time."
Texas continues to lead the nation for installed wind capacity and absolute wind energy generation. With new additions, Texas now exceeds18,000 MW of installed wind capacity.
In the fourth quarter of 2015, approximately 75 percent of the new capacity contracted through power purchase agreements (PPA) came from non-utility buyers, like General Motors, Procter & Gamble and Google. In 2016, this trend of non-utility purchasers of wind energy, including Amazon, Johnson & Johnson and Target, continues, with non-utility buyers representing 33 percent of total project capacity contracted for the year. Year-to-date, combined utilities and non-utilities have signed PPAs totaling 3,193 MW, a 39 percent increase in activity compared to this time last 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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