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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
Pacific Power Selects Four Wind Projects to Drive Wind Power Expansion by 2020
LCG, February 23, 2018--Pacific Power announced earlier this week that it has selected four new wind projects to move towards achieving the company's Energy Vision 2020 initiative. The four wind projects are expected to provide 1,311 MW of new installed electric generating capacity at a cost of approximately $1.5 billion. The four projects will expand the company's owned and contracted wind power by more than 60 percent.
Pacific Power's Energy Vision 2020 initiative also will upgrade the company's existing owned wind fleet in Wyoming, Washington and Oregon with longer blades and newer technology, and build a new high-voltage transmission line in Wyoming to connect the new wind energy to PacifiCorp's grid.
"We are committed to expanding the amount of renewable energy serving our customers, and these new wind projects will help us cost-effectively further that goal," said the President and CEO of Pacific Power, the unit of PacifiCorp that serves customers in Oregon, Washington, and California.
The four selected projects are: (i) a 400 MW wind project in Converse County, Wyoming that will be built by NextEra Energy Resources, LLC, with half of the project owned and operated by PacifiCorp, and half of the project owned and delivered by NextEra under a Power Purchase Agreement (PPA); a 161 MW wind project in Uinta County, Wyoming that will be built by Invenergy, LLC, and owned and operated by PacifiCorp; a 500 MW wind project in Carbon and Albany Counties, Wyoming that will be built, owned and operated by PacifiCorp; and a 250 MW wind project in Carbon County, Wyoming that will be built, owned and operated by PacifiCorp.
The additional wind generation and associated transmission line were identified in the company's 2017 Integrated Resource Plan (IRP), which was filed April 4, 2017. The wind project bids were selected following a request for proposal (RFP) issued in September 2017.
The company plans to complete the wind projects by 2020 so that it may use federal production tax credits (PTCs) to reduce costs. Pending approval from state regulatory commissions, acquisition of rights of way, and receipt of permits, construction of the new wind and transmission projects is expected to begin in 2019.
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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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