EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

Read more

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

Read more

Industry News

Regulators Block Proposed 500 Megawatt Plant

LCG, Aug. 31, 2000A siting committee of the California Energy Commission has recommended that construction of a new 500 megawatt power plant proposed for the middle of a played-out 74-square mile oil field not be approved because the well water used for cooling might be suitable for drinking.

Never mind that there is no one in the middle of that oil field with an empty canteen and that the water might not be suitable for drinking, the committee wants to hold some more hearings on the power plant's water supply.

On August 2, California Gov. Gray Davis issued three executive orders in response to concerns over the state's electric system. In one of them, he imposed a 100-day limit on the permitting process for electric power plant construction proposals. He noted that no deadline existed at present and in some cases granting of a permit had taken more than a year.

The siting committee will hold a hearing on the water supply for the proposed Elk Hills power plant on September 14, in Sacramento.

In a separate case, another California Energy Commission siting committee has recommended approval of a proposal by Duke Energy Corp. to add 1,060 megawatts generating capacity to the Moss Landing power plant it purchased from Pacific Gas & Electric Co.

The new gas-fired, combined-cycle units Duke plans to install will be cooled by seawater. In its decision, the siting committee specified that Duke pay $7 million to make sure that fish weren't adversely affected by the use of their water.

In an editorial Tuesday, the Wall Street Journal observed that "not in by back yard," or NIMBY, has in California given way to BANANA, or "build absolutely nothing anywhere near anyone."

Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service