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News
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
Read more
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Industry News
PGE Targets Zero Emissions by 2040
LCG, October 20, 2021--Portland General Electric (PGE) announced plans to increase the amount of clean energy it serves to customers and meet its target to reduce greenhouse gas (GHG) emissions from power served to customers by at least 80 percent by 2030, 90 percent by 2035 and zero emissions by 2040. To achieve these goals, the company last Friday filed at the Oregon Public Utilities Commission (OPUC) its request for proposals (RFP) public process to procure more renewable and non-emitting resources.
PGE’s Vice President of Strategy, Regulation and Energy Supply stated, “We are taking action to reduce greenhouse gas emissions while maintaining an affordable, reliable energy future for everyone. Working collaboratively with our stakeholders, we are advancing plans to add more renewables and non-emitting resources and partnering with our customers on building an equitable, two-way electric grid.”
PGE also filed two related plans at the OPUC. The company filed part one of its Distribution System Plan (DSP) that outlines the partnership needed with customers to build the equitable grid of the future and the amount of distributed energy resources anticipated by 2030 and future years. In addition, PGE filed an extension waiver for its next Integrated Resource Plan (IRP), so as to provide time to be responsive to Oregon's new clean energy law (HB 2021) and to better enable public participation in the process. If the waiver is approved, it would be filed for consideration by the OPUC in March 2023.
To achieve its clean energy and GHG emission reduction targets, PGE estimates by 2030 it will nearly triple the amount of clean and renewable energy serving customers. PGE estimates that it will need approximately 1,500 – 2,000 MW of clean and renewable resources and approximately 800 MW of non-emitting dispatchable capacity resources. Moreover, PGE will need to remove coal-fired assets from its portfolio. The company is working to accelerate its exit from the coal-fired Colstrip plant by the end of 2025.
With its new RFP public process, PGE is now pursuing approximately 1,000 MW of resources. PGE expects to bring on approximately 375 - 500 MW of renewable resources. If beneficial to customers and in balance with affordability, PGE will work with the OPUC to evaluate the opportunity to procure additional clean and renewable resources through this RFP, with a potential target of getting up to one third of the clean resources needed to meet the 2030 emissions reduction target. PGE will also be seeking approximately 375 MW of non-emitting dispatchable capacity resources that can be used on the hottest or the coldest days of the year to ensure reliable service.
PGE stated that it is committed to an economy-wide, clean energy future in which electricity powers more of our lives. To build this future, the company believes that it will need to work together with customers, regulators, stakeholders, technology providers and utilities.
By 2030, PGE estimates as much as 25 percent of the power needed on the hottest and coldest of days could come from customers and distributed energy resources (DERs), such as solar panels, batteries, and electric vehicles (EVs). PGE anticipates the potential for four times as much distributed solar and storage than today, bringing 500 MW of clean electricity to the grid. State goals for EV growth include increasing from today’s 35,000 to 1.1 million by 2030. PGE also plans to expand its demand response programs that shift energy use from peak peaks by a factor of eight.
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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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