EnergyOnline

PRESS RELEASE

Get a good picture of ERCOT in LCG’s newly released 2018 ERCOT Outlook

LCG, March 21, 2018 --Texas continues to experience an unprecedented transformation in its energy industry. The state saw record wind energy production in 2017 and will continue to see wind growth through 2018. Large transmission projects and upgrades have taken place. New import and export capabilities are on the horizon, such as through the integration of Lubbock Power & Light and the possible Southern Cross transmission project.

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ERCOT 2017 Summer Quarter Outlook

LCG, July 13, 2017-- Earlier this year LCG Consulting published two quarterly reports, January – March, 2017 and March – May 2017, looking at how the ERCOT grid can cope with strained network conditions. LCG just released a new report that covers the analysis for the 2017 summer season (June through September). Extreme loading is a key factor in considering resource adequacy for the region during summer season.

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What can ERCOT expect in 2017? Two new studies published

LCG, February 27, 2017--LCG Consulting has published two reports using its premiere grid modeling software, UPLAN, to model ERCOT in 2017 with 5-minute dispatch.

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NEWS

FirstEnergy Solutions Files Certification Letter with NRC Affirming Plan to Close Nearly 4,050 MW of Nuclear Generating Facilities

LCG, April 26, 2018--FirstEnergy Solutions (FES), a competitive generation subsidiary of FirstEnergy Corp., yesterday announced that it has filed a Certification Letter with the Nuclear Regulatory Commission (NRC) formally notifying the Commission of its decision to permanently deactivate its nuclear power plants over the next three years, citing "severe economic challenges." When the closures are combined, the reduction will total 4,048 MW of carbon-free, electric generating capacity. In 2017, the nuclear units contributed approximately 65 percent of the electricity produced by the FES generating fleet.

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Alliant Energy to Install More Wind Farms in Iowa

LCG, April 19, 2018--Alliant Energy's Iowa utility subsidiary, Interstate Power and Light Company (IPL), received approval to increase its wind expansion program from the Iowa Utilities Board (IUB). Through this expansion, combined with existing wind farms and market purchases, the company expects wind to provide approximately one-third of its total electric generating capacity in Iowa by the end of 2020.

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Energy Market Forecasts and Actuals

MarketVision Forecasts
CAISO May 2018
Energy Price (Actuals)
ERCOT $19.46
MISO $25.75
NYISO $19.43
NEISO $10.41
CAISO $23.1
PJM $22
Load (Actuals)
ERCOT 40523 MW
MISO 70771 MW
NYISO 16946 MW
NEISO 13305 MW
CAISO 26524 MW


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