New Jersey Steps Forward to Add 1,100 MW of Offshore Wind

LCG, September 20, 2018--The New Jersey Board of Public Utilities (NJBPU) on Monday approved an order opening an application window for a record setting 1,100 MW of offshore wind capacity.

Read more

Duke Energy Carolinas Files IRP

LCG, September 6, 2018--Duke Energy Carolinas excluded new nuclear construction in its recently filed Integrated Resource Plan (IRP), which includes its 15-year plan for new power generation.

Read more

Industry News

Duke Energy Announces Plans to Invest $30 Million to Install Two Battery Storage Projects in North Carolina

LCG, September 22, 2017--Duke Energy announced yesterday plans to invest $30 million in two new lithium-ion battery energy storage systems in North Carolina that are expected to be online in 2019. The two sites identified are the first of a larger company plan to deploy energy storage for the region, and further details regarding the two projects will be filed with the North Carolina Utilities Commission in early 2018.

Duke Energy's vice president of Western Carolinas Modernization stated, "Duke Energy has experience with many battery storage projects around the nation. Western North Carolina is an ideal spot to use this technology to serve remote areas, or where extra resources are needed to help the existing energy infrastructure."

Local stakeholders perceive the two projects as positive solutions due to their relatively small footprint, low noise and no emissions to the environment. One project will be in the vicinity of Asheville, where a 9-MW battery system will be placed at a Duke Energy substation. The battery will primarily be used to provide energy support to the electric system, including frequency regulation and other grid support services.

The second project site is in the town of Hot Springs, where a 4-MW battery system is planned to improve electric reliability for the town, along with providing services to the overall electric system. In addition, Duke Energy is considering a solar facility in the town to work in conjunction with the battery system.

"These initial utility-scale energy storage projects represent an integral first step in upgrading and modernizing our grid infrastructure," said EITF Technology Working Group co-chair Ned Ryan Doyle. "Investments in energy storage are a key component to a more reliable and resilient grid. It provides a foundation for the expansion of true clean energy sources."

Duke Energy's Western Carolinas Modernization Plan also includes (i) closing an older, 376-MW coal-fired power plant in Asheville and (ii) installing a natural gas-fired power plant that includes two 280-MW generating units with low emissions. The coal plant closing and the gas plant opening are both scheduled to occur in 2019.
Copyright © 2018 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service