PRESS RELEASE
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Congestion on the Horizon for the SPP Integrated Marketplace
LCG Consulting (LCG) of Los Altos, California has performed an electricity market assessment and forecast of SPP. Congestion is imminent.
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LCG Releases ERCOT Electricity Market Outlook for 2013, 2014, 2015, 2016 and 2017
LCG, January 11, 2013 –LCG Consulting (LCG) of Los Altos, California has released the electricity market assessment and forecast of ERCOT operations for the years 2013, 2014, 2015, 2016 and 2017. These reports are based on ERCOT SSWG transmission topology and UPLAN simulations using ERCOT nodal protocol. Hourly simulation results are also available for 2015 and 2017 using ERCOT Regional Planning Group’s transmission plan.
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LCG Releases ERCOT Electricity Market Outlook for 2013, 2014, 2015, 2016 and 2017
LCG, January 11, 2013 –LCG Consulting (LCG) of Los Altos, California has released the electricity market assessment and forecast of ERCOT operations for the years 2013, 2014, 2015, 2016 and 2017. These reports are based on ERCOT SSWG transmission topology and UPLAN simulations using ERCOT nodal protocol. Hourly simulation results are also available for 2015 and 2017 using ERCOT Regional Planning Group’s transmission plan.
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ERCOT System Adequacy Study
LCG, September 20, 2012 - LCG Consulting (LCG) of Los Altos, California offers to evaluate the impact of the policy options proposed in the recent ERCOT system adequacy study. LCG proposes to perform full network simulations of the ERCOT electric grid under a number of scenarios such as various levels of offer cap, a new capacity market or other market changes of interest to forecast the trend of electricity prices and its impact on costs and revenues of the generation portfolio or load obligation.
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DOE Award on Dynamic Simulation Tools and Measurement-Based Control
LCG, Sept. 20, 2012 - LCG Consulting (LCG) of Los Altos, California, is a part of the consortium organized by Michigan State University, which is recently awarded a $1.5 million grant by the Office of Electricity Delivery and Energy Reliability under DOE Advanced Modeling Grid Research Program.
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2015 ERCOT Electricity Market Outlook
LCG, March 23, 2012 – LCG Consulting has released its findings concerning future grid operations and market conditions in ERCOT in a new report, 2015 ERCOT Electricity Market Outlook, which summarizes hourly simulations for the entire year. The 2015 Outlook report will be of interest to market participants needing in-depth insight into key metrics such as load zone and hub prices, ancillary service (A/S) prices, hub prices, transmission lines experiencing significant congestion, and the value of congestion revenue rights (CRRs).
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NEWS
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Construction Complete on South Kent Wind Project in Ontario
LCG, April 16, 2014-Samsung Renewable Energy, Inc. (Samsung) and Pattern Energy Group Inc. (Pattern Energy) yesterday announced that construction of the South Kent Wind project is complete and that the wind farm is now operational. The project is the largest wind farm in Canada. The electric generating capacity of the project is 270 MW, which is provided by 124 Siemens wind turbines.
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Commercial Operations Underway at Orangeville Wind Farm in New York
LCG, April 4, 2014 - Invenergy Wind LLC ("Invenergy") announced on March 28 that commercial operations of its 94-MW Orangeville Wind Farm in Wyoming County, New York have commenced. The project is located about forty miles southeast of Buffalo in Wyoming County, New York.
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Markets
Current Energy Market Conditions
| ERCOT |
$27.65 |
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| MISO |
$46.87 |
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| NYISO |
$54.38 |
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| NEISO |
$78.47 |
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| CAISO |
$-15.27 |
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| PJM |
$78 |
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| ERCOT |
36531 MW
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| MISO |
74677 MW
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| NYISO |
18200 MW
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| NEISO |
14862 MW
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| CAISO |
25978 MW
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| About EnergyOnline EnergyOnline® is a Registered Trademark of LCG Consulting.
Registration No. 2,566,432 U.S. Patent and Trademark Office. EnergyOnline.com is a web service of LCG Consulting. LCG has successfully modeled the highly complex electricity and gas industries, allowing informed prediction the prices, asset valuations, and volatility under free market conditions. LCG provides news, products, consulting services, and forecasting tools to the energy industry worldwide. Keep ahead of the market with the latest software products and databases for utility analysis and forecasting. Attend our workshops to stay abreast of the industry's restructuring process. Interested in working for LCG? Check our jobs page. |
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