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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
Vermont Public Service Board Approves the New England Clean Power Link
LCG, January 7, 2016--The Vermont Public Service Board ("Board") on Tuesday issued a Certificate of Public Good to TDI New England (TDI-NE) for the proposed New England Clean Power Link (NECPL). The proposed electric transmission project will increase transmission capacity to enable power supplies in Canada to be delivered into Vermont and New England. Construction is scheduled to commence this year, given other regulatory approvals are received. TDI-NE plans to begin operations in the second quarter of 2019.
The Board authorized the installation and operation of a high-voltage direct current (HVDC) underwater and underground electric transmission line with a capacity of 1,000 MW, a converter station, and other associated facilities. The estimated cost of the project is $1.2 billion. The Board concluded that the project will result in significant economic, environmental, and electric benefits for the state of Vermont.
The HVDC cable will extend from the U.S.-Canadian border approximately 97 miles underwater down Lake Champlain to Benson, Vermont. The cable will then be buried along roads and railroad rights-of-way or on land owned by TDI-NE for approximately 57 miles to a converter station to be installed in Ludlow, Vermont.
Project proponents cited the need to replace power from the closed Vermont Yankee nuclear plant with renewable energy, the minimal aesthetic impacts of the project, increased tax revenues, and the responsiveness they experienced when interacting with representatives of TDI-NE.
The Board cited that ISO-NE estimates that up to 8,300 MW of non-gas-fired generation is "at risk" for retirement by 2020 in the form of 28 older oil and coal units. If all of these units retire, ISO-NE estimates that 6,300 MW of new or re-powered capacity will be needed in the region.
TDI-NE is owned by the Blackstone Group.
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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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