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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
Virginia Power Agrees to Cut Power Plant Pollution
LCG, Nov. 17, 2000--Under pressure from the Environmental Protection Agency, Virginia Electric & Power Co. has agreed to install expensive pollution reduction equipment at eight coal fired power plants in Virginia and West Virginia.Virginia Power, a subsidiary of Dominion Resources Inc., agreed to the settlement rather than fight a lawsuit brought against it and eight other utilities at the behest of states in the Northeast that claim their air quality problems are cause by power plants in the Southeast and the Ohio River Valley.Many of those northeastern states do not require so much of their own citizens as periodic vehicle smog inspections.That is not to say that the Virginia Power plants are non-polluters. Dominion Resources said the $1.2 billion capital investment program for the emissions control equipment was contemplated in its current financial models.Thomas E. Capps, Dominion Resources' chief executive, called the settlement "a positive development for our customers, out shareholders, the general public and the environment."Virginia Power said that several of the improvements are already under way. Investments specified in the agreement include:- Installation of two scrubbers that will remove up to 95 percent of all sulfur dioxide emissions at Mt. Storm Power Station in West Virginia. The scrubbers will be operational by 2002.
- Installation of equipment to reduce nitrogen oxide emissions on all three units at Mt. Storm.
- Installation of two scrubbers at Chesterfield Power Station, near Richmond.
- Installation of nitrogen oxide control equipment on three units at Chesterfield Power Station.
- Installation of NOx control equipment on two units at Chesapeake Energy Center in Chesapeake, Va.
- Conversion of two units at Possum Point Power Station near Washington, D.C., from coal-fired generation to natural gas-fired generation. The company filed with the Virginia State Corporation Commission this past spring for permission to begin that conversion, which should be completed by 2003.
The settlement allows Virginia Power to complete the over a 12-year period and gives the company the ability to maintain and make selective improvements in the efficiency and capacity of its existing coal-fired units in Virginia and West Virginia." What that means is that our stations, many of which are located in rural areas, will continue to be a viable and important part of those communities, generating not only electricity but also tax dollarsand jobs," Capps said.
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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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