EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

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

LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

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

Industry News

Massachusetts Plants to Be Retired

LCG, May 12, 2003--Four power generating units in Massachusetts that are owned by Exelon Corp. will be retired this year, according to the company.

A new, 800-megawatt power plant that was built on the same site as three of the units, in the town of Everett, started operations in April. Mystic Station 4, 5 and 6 will be retired, as will New Boston Station's Unit 1, a 380-megawatt plant in South Boston. The total amount of capacity being retired is put at 756 megawatts.

Massachusetts' government had wanted the units, which run on oil and coal, to be shut down in order to reduce emissions. Exelon also contends that keeping the plants running would be a more costly exercise than makes good business sense. The units would likely have needed upgrades and enhancements to make them competitive.

Before the shutdowns, an additional new 800-megawatt Mystic unit, number 9, is expected to come on line by this month or next month. Exelon has submitted an application to the New England ISO, seeking the grid operator's approval, which is subject to the need for reliability.

Other relatively dirty plants the state would like to be retrofitted in order to continue operating are NRG Energy, Brayton Point, Salem Harbor, Mount Tom Station, and Canal Electric.
Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service