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Ameren Missouri to Acquire 400-MW Wind Farm

LCG, May 23, 2018--Ameren Missouri, a subsidiary of Ameren Corporation, Monday announced that it has entered into an agreement to acquire, after construction, a 400-MW wind farm in northeast Missouri. The project will include 175 wind turbines to be installed by an affiliate of Terra-Gen, LLC. Construction is expected to commence in summer 2019.

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Impacts of High Variable Renewable Energy Futures on Wholesale Electricity Prices, and on Electric-Sector Decision Making

May 23, 2018 -- Lawrence Berkeley Lab partnered with LCG Consulting to develop a large number of variable renewable energy (VRE) scenarios to derive future generator portfolios and hourly price and emissions series. The main objective of this exercise is to offer policymakers, utilities and grid authorities a long-range view of how current choices could impact their future ability to cope with changes in the electric sector.

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Industry News

Dominion to Place Over 1,200 MW of Older Generating Capacity into "Cold Reserve"

LCG, January 19, 2018--Dominion Energy announced Wednesday that it plans to place nine older, inefficient electric generating units located at five power plants in Virginia into a cold reserve. The units have a combined capacity of 1,208 MW but account for less than one percent of the company's generation. The nine units could be restarted if necessary, according to the company.

The President and CEO of the Dominion Generation Group stated, "When we look at the time, the materials, the people, when we look at the thermal inefficiency of these plants and we look at the advancement of renewables, we look at continued gas-fired build, we just think this is a progressive step we can take to ensure that our fleet remains competitive."

Eight of the nine units to be placed in cold reserve are coal-fired units (or coal-fired units converted to natural gas). Dominion plans to maintain environmental permits for the units, as well as continue paying local taxes.

The power stations where units will be impacted are: Bellemeade, in Richmond; Chesterfield Power Station; Bremo, in Fluvanna County; Mecklenburg, in Clarksville; and Possum Point in Dumfries. Bellemeade, Bremo and Mecklenburg will no longer have units operating once the units are placed into cold reserve status in April. At Chesterfield and Possum Point, some units will go into cold reserve in December and others will continue to run.

According to the State Corporation Commission (SCC), Dominion has informed the SCC staff of the plan and that, because the units are being placed in cold reserve and still could be called on to provide electricity, there is no need to seek commission approval.
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