EnergyOnline

PRESS RELEASE

Impacts of High Variable Renewable Energy Futures

May 23, 2018 -- Lawrence Berkeley Lab partnered with LCG Consulting to study variable renewable energy (VRE) scenarios to offer a long-range view of how current choices could impact their future ability to cope with changes in the electric sector.

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In LCG’s 2018 ERCOT Outlook

LCG, March 21, 2018 --The Outlook Report outlines future operation of the ERCOT nodal market, including Locational Marginal Prices (LMPs), load zone prices, hub prices and expected congestion.

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ERCOT 2018 Summer Quarter Outlook

LCG, July 16, 2018-- LCG released a new third quarter (July – August 2018) report that looks at how the ERCOT grid can cope with strained network conditions.

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Future of Natural Gas-fired Generation in the Electric Sector

LCG, July 24, 2018 -- The Energy Economics and Technology committee of AAPG has reviewed the LBNL-LCG study and commented about the VRE on excess gas in California and Texas.

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NEWS

New York Issues Offshore Wind Solicitation

LCG, November 9, 2018--The Governor of New York yesterday announced a solicitation for 800 MW or more of new offshore wind projects to supply renewable energy to New York to combat climate change. The New York State Energy Research and Development Authority (NYSERDA) issued the Request for Proposals (RFP), which is the first key step in New York's plan to install 2,400 MW of offshore wind projects by 2030.

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Xcel Energy to Acquire Mankato Energy Center from Southern Power

LCG, November 8, 2018--Xcel Energy and Southern Power, a subsidiary of Southern Company, earlier this week announced an agreement for Southern Power to sell the Mankato Energy Center to Xcel Energy for $650 million. The completion of the sale, subject to regulatory approval and other closing conditions, is expected to be mid-2019.

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Energy Market Forecasts and Actuals

MarketVision Forecasts
CAISO Dec 2018
Energy Price (Actuals)
ERCOT $14.39
MISO $36.96
NYISO $27.77
NEISO $73.82
CAISO $23.1
PJM $34
Load (Actuals)
ERCOT 32460 MW
MISO 66982 MW
NYISO 19264 MW
NEISO 11631 MW
CAISO 26524 MW


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