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News
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LCG, August 13, 2019--The U.S. Energy Information Administration (EIA) announced that it is revising the presentation and modeling of its forecasts for electricity supply and market hub pricing to better reflect current electricity markets and system operations in the U.S. Beginning with the August 2019 Short-Term Energy Outlook (STEO), the new forecasting approach models electricity markets using the UPLAN production cost optimization software developed by LCG Consulting. EIA uses the solution results provided by this proprietary model to develop the STEO forecasts of monthly electricity generation, fuel consumption, and wholesale prices.
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LCG, August 8, 2019--Dominion Energy Virginia announced Monday that it is seeking bids for up to 500 MW of renewable capacity in both 2021 and 2022 to increase its clean energy resources. Dominion Energy stated that it is committed to having 3,000 MW of solar and wind in operation or under development in Virginia by 2022. This near-term step is part of an ultimate company commitment to reduce carbon emissions by 80 percent by 2050 across the 18 states it serves.
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Industry News
First Solar Completes 550-MW Solar Project in Southern California
LCG, January 21, 2015-First Solar has completed construction of the 550-MW Desert Sunlight Solar Farm, which is co-owned by NextEra Energy Resources, GE Energy Financial Services, and Sumitomo Corporation of America. The Southern California project reached the commercial operations milestone on December 5, 2014, according to the California ISO. Construction on the project began in September 2011.
The electricity generated by the solar photovoltaic (PV) facility is under power purchase agreements (PPAs) with Pacific Gas & Electric (PG&E) and Southern California Edison (SCE). PG&E's share of capacity is 300 MW, with SCE contracting for 250 MW.
The Desert Sunlight Solar Farm is located in Riverside County on land managed by the Federal Bureau of Land Management (BLM).
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Generator X
Generation and Transmission Planning and Optimization
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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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PowerMax
Day-ahead and real-time portfolio revenue optimization
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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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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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