EnergyOnline

PRESS RELEASE

LCG Consulting releases 2016 Outlook of ERCOT Region

LCG, December 1, 2015-Next year promises some uncertainty for the Texas electricity market, with renewables development in full swing. In light of this evolving landscape, LCG Consulting has completed a comprehensive ERCOT study for 2016.

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California Electricity Market 10-Year Forecast

LCG, October 19, 2015-LCG Consulting of Los Altos, California has announced the release of its latest ten-year forecast of the CAISO electricity market (2016-2025). Results suggest that the mandated, large-scale deployment of renewables will impact the state’s electricity market. The study includes hourly price forecasts at Default Load Aggregation Points (DLAP) and Trading Hubs. Results also include monthly summaries of constraints that experience the highest congestion and generation by fuel type.

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The Energy Information Administration (EIA) adopts UPLAN for potential integration with its Short Term Energy Outlook

LCG, October 8, 2014 – The office of Energy Information Administration (EIA) of the US Department of Energy has acquired UPLAN Network Power Model for specialized electric modeling. EIA has also acquired the accompanying Plants, Loads, Assets, Transmission and Operations (PLATO) data models for the entire US electric system.

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NEWS

Mississippi Power Proceeds with Another Solar PV Project

LCG, April 28, 2016--Southern Company subsidiary Mississippi Power and Silicon Ranch Corporation held a groundbreaking ceremony for the state's largest solar farm yesterday in Hattiesburg. The 50-MW solar PV project is estimated to cost $100 million and is scheduled to commence operations by early 2017.

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ESC Files Application with FERC for the Empire State Connector "HVDC" Transmission Project

LCG, April 27, 2016--Empire State Connector Corp. (ESC) announced yesterday that it has filed an application with the Federal Energy Regulatory Commission (FERC) for authority to negotiate agreements with customers for transmission service on a 260-mile long high voltage direct current (HVDC) electric transmission line designed to deliver 1,000 MW of energy and capacity directly into New York City from generating sources located in upstate New York. ESC has assumed the full market risk for the $1.5 billion construction cost so at to cause no negative impact on ratepayers. The project is scheduled to be in-service in 2021.

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Energy Market Forecasts and Actuals

MarketVision Forecasts
ERCOT 05/04/16 - 05/11/16
CAISO Jun 2016
Energy Price (Actuals)
ERCOT $14.61
MISO $17.07
NYISO $21.82
NEISO $18.89
CAISO $23.1
PJM $24
Load (Actuals)
ERCOT 40749 MW
MISO 72688 MW
NYISO 17845 MW
NEISO 14025 MW
CAISO 26524 MW


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