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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
OUC's Board Of Commissioners Approves Retirement of Coal Unit 1 and Conversion of Coal Unit 2 to Natural Gas at Stanton Energy Center
LCG, December 16, 2021--OUC (Orlando Utilities Commission) yesterday formally approved the retirement of Stanton Energy Center's (SEC) Unit 1 by no later than 2025 and the conversion of SEC's Unit 2 to natural gas by no later than 2027. Previously, Unit 1, OUC's oldest coal-fired power plant, had been slated for conversion to natural gas.
OUC’s General Manager and CEO stated, "Today's official adoption by our Board of Commissioners is further proof of our commitment to meet our goal of Net Zero CO2 emissions by 2050 with interim targets of 50 percent by 2030 and 75 percent in 2040. The retirement of Unit 1 also is a significant milestone toward fully eliminating coal-fired generation no later than 2027. As we continue our transition to clean energy, operational flexibility is key to maintaining the reliability, resiliency and affordability our customers expect."
To enable the retirement of the coal-fired Unit 1, OUC acquired in September the Osceola Generating Station, a 510-MW, simple-cycle natural gas-fired power plant located in Osceola County, Florida. The Osceola plant has three, dual-fuel gas turbines that can be rapidly powered up or down to better complement the growth of intermittent solar power installations in the area. The Osceola facility was inactive and is now undergoing renovations and testing, and it is expected to be fully operational no later than 2025.
In December 2020, OUC leadership recommended significantly reducing the use of coal by no later than 2025 and eliminating it entirely by no later than 2027. The announcement was the result of the utility's Electric Integrated Resource Plan (EIRP), the utility’s 30-year energy roadmap. OUC is pursuing its strategic objectives, which include continued investments in renewable energy and energy efficiency and driving the adoption of vehicle electrification and energy storage.
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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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