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Alliant Energy Announces Agreement to Build 210 MW Wind Farm in Iowa

LCG, July 19, 2018--Alliant Energy's Iowa utility subsidiary, Interstate Power and Light Company (IPL), and Invenergy announced Monday that the companies signed contracts by which Invenergy will complete development of the 210-MW Richland Wind Farm in Sac County, Iowa. Alliant Energy will construct and own the wind farm, which is scheduled to be completed by early 2020.

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New York Announces Plans to Procure Approximately 800 MW of Offshore Wind

LCG, July 13, 2018--The Governor of New York yesterday announced that the New York State Public Service Commission (PSC) has agreed upon plans for the state's first procurements of offshore wind to support New York's goal of installing 2,400 MW of new offshore wind generation by 2030. The new capacity will be important to achieving New York's goal of satisfying 50 percent of its energy requirements with renewable energy by 2030. The goal is part of the Governor's Clean Energy Standard, which was adopted by the PSC in 2016.

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Industry News

Southwest Power Pool Sets Wind Penetration Record of 62.13 Percent

LCG, April 4, 2018--Southwest Power Pool (SPP) achieved a record wind penetration and record renewable penetration levels in the early morning on March 31. According to SPP, the wind generation was approximately 14.5 GW, or 62.13 percent, at 1:54 a.m. Combined with nuclear output, the renewable generation resources contributed to about 64.7% of the total load.

With the record setting wind generation, the five-minute SPP North Hub real-time locational marginal prices (LMP) fell to about $2.25/MWh at 1:55 a.m. in the real-time market, while SPP South Hub LMP dropped to negative $10/MWh.

The all-time high wind generation record was set at 15,690 MW in December, serving 51 percent of total load at that time.

The prior wind record was set on March 17, when wind penetration hit as high as 60.56 percent of the total load in the early morning hours. SPP also set a wind penetration record of 58.1 percent earlier in March.


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