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News
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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.
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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
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Industry News
OPG Confirms Plans to Shutdown Lakeview Station in April
LCG, March 4, 2005--Ontario Power Generation (OPG) yesterday confirmed that it will shutdown the coal-fired, Lakeview Generating Station by the end of April. The Lakeview station is located on the shores of Lake Ontario, about 15 miles southwest of Toronto. Prior to the shutdown of the 1,140-MW power station, Hydro One is to complete electric transmission system upgrades that allow for greater use of other power sources in place of the Lakeview Station. Both OPC and Hydro One are owned by the Province of Ontario.In 2001, the Ontario Ministry of Environment decided to retire the Lakeview Station in order to reduce emissions. In total, the government called for the closure of 7,600 MW of power generating capacity by 2008. In December 2004, Ontario Energy Minister Dwight Duncan indicated that the government may not entirely follow through on its commitment, sharing concerns about the ability to maintain adequate reserve margins and to address transmission constraints, especially given the planned shutdown of the 4,400-MW Nanticoke Station.To replace the generation from the coal plants targeted for extinction, the provincial government has been actively pursuing new supplies. Last August, the government announced that it was evaluating the construction of a 1,250 MW transmission line to Ontario from the proposed Conawapa hydro project on Manitoba's Nelson River. The government also issued a Request for Proposals (RFP) in June for 2,500 MW of new generation and/or conservation in Ontario, as well as an RFP for 300 MW of new renewable energy capacity in April.Last July, the Ontario government approved OPG's plan to proceed with a nuclear project, budgeted at $900 million, to refurbish and restart unit 1 at the Pickering A Generating Station located east of Toronto. That decision was driven in part by the estimate that the 515 MW nuclear unit could begin producing power in just 15 months - more rapidly than other alternatives - to support the government's planned closure of the Lakeview Station. The approval to proceed with unit 1 followed a troublesome past with Pickering refurbishment efforts. The first of four Pickering A reactors returned to service in September 2003, more than two years late and at a cost nearly three times that approved by the Board of Directors of OPG. At Pickering A, there remains the option to pursue restarting two other 515 MW reactors.The Government of Canada also appears to be lending a hand to support Ontario with its supply dilemma. To encourage new supplies, the Government of Canada included in last months federal budget an increase in the federal Wind Power Production Incentive (WPPI) from 1,000 MW to a new target of 4,000 MW. With the WPPI program, wind generators receive a payment of 1 cent per kWh for power produced over a ten-year period. In the 2001 federal budget, funds were provided to support the development of 1,000 MW of wind energy through 2007; however, it is expected that these funds will be consumed in 2005.
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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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