EnergyOnline

PRESS RELEASE

LCG Publishes 2023 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, June 6, 2022 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2023, based on the most likely weather, market, transmission, and generator conditions

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EIA Releases Study on Drought Effects on California Electricity Generation and Power Market using UPLAN Model

LCG, June 6, 2022 – California is experiencing more frequent and intense drought conditions. One effect of droughts is the reduction in hydropower. In its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration assumes that monthly generation in the future follows average historical patterns to forecast California's hydroelectric generation.

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LCG Publishes 2022 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, February 8, 2022 – Texas has incorporated dramatic fuel mix and transmission changes over recent years, breaking its own 2020 record in wind production again in 2021. As part of an ongoing series, LCG Consulting has released its annual outlook of the ERCOT wholesale electricity market for 2022, based on the most likely weather, market, transmission, and generator conditions.

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LCG Publishes 2021 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, March 11, 2021 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2021. The Outlook represents the operation of ERCOT wholesale electricity market under “business as usual" conditions, as is always the case in the Outlook.

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NEWS

SaskPower Selects GE Hitachi Nuclear Energy BWRX-300 SMR Technology

LCG, June 29, 2022--SaskPower announced Monday that it has selected the GE Hitachi Nuclear Energy (GEH) BWRX-300 small modular reactor (SMR) for potential deployment in the mid-2030s. The selection follows a four-year evaluation process and moves toward the Saskatchewan Growth Plan goal of advancing potential development of zero-emission small modular reactor technology.

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Recurrent Energy Acquires 400 MWh of Standalone Energy Storage Projects in Texas

LCG, June 17, 2022--Recurrent Energy, LLC (“Recurrent”), a wholly owned subsidiary of Canadian Solar Inc. (“Canadian Solar”), yesterday announced the acquisition of two, standalone energy storage projects in the Texas ERCOT market from Black Mountain Energy Storage (BMES).

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Shell Launches 100 Percent Renewable Residential Power Brand in the Texas Market

LCG, June 8, 2022--Shell announced yesterday the launch of the Shell Energy brand into the residential power market in the United States. Through Shell Energy Solutions the company now offers 100 percent renewable electricity plans to eligible customers in Texas, expanding its portfolio of offerings and giving residential customers access to renewable electricity plans

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Energy Market Prices and Loads

Energy Price (Actuals)
ERCOT $69.32
MISO $87.98
NYISO $71.94
NEISO $51.79
CAISO $23.1
PJM $57
Load (Actuals)
ERCOT 33490 MW
MISO 95897 MW
NYISO 16443 MW
NEISO 9933 MW
CAISO 26524 MW

LCG NEWS

LCG Publishes 2023 Annual Outlook for Texas Electricity Market (ERCOT)

LCG Publishes 2022 Annual Outlook for Texas Electricity Market (ERCOT)

NorthRenew Energy's Mesquite Sky Wind Project Commences Construction

Tokyo-based Electric Power Subsidiary partners with AP Solar in 400 MW Texas Solar Project

Texas Solar Project Sold to CIP



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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
Generator X
Generation and Transmission Planning and Optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service