PRESS RELEASE
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MarketVision - Forecast of electricity prices at selltlement points in ERCOT
LCG, December 2, 2014 - LCG Consulting of Los Altos, California released MarketVision, a forecast of settlement point prices for the electric system grid managed by the Electric Reliability Council of Texas (ERCOT). The short-term Locational Market Price (LMP) forecasts are available for daily peak and off-peak prices, which are derived from hourly prices generated by proprietary fundamental models.
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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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LCG Consulting is to release comprehensive 2015 CAISO CRR auction values just prior to auction
LCG, August 1, 2014--LCG Consulting of Los Altos, California is to release California ISO (CAISO) Congestion Revenue Rights (CRR) Annual Auction results prior to the Tier 1 nomination window close on September 18, 2014.
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LCG Develops Prototype for Real-Time Remedial Action Screening
LCG, May 15, 2014-LCG Consulting of Los Altos, California has completed the development of a prototype that incorporates the basic functionality necessary to prove the effectiveness of the composite Lyapunov function-based transient stability analysis method. LCG has been working on a visual interface that will enable the operator to constantly monitor and analyze the status of the electrical network. With this interface, the operator can conveniently view data on a geographical map. The viewable data include phase angle, frequency, voltage at key substations along with power flows, overloads and other critical information on transmission paths and flowgates.
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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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NEWS
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AWEA's New Market Report Shows Modest Growth in Wind Generating Capacity for the U.S. in 2014
LCG, January 29, 2015-The American Wind Energy Association (AWEA) yesterday released its U.S. Wind Industry Fourth Quarter 2014 Market Report. According to AWEA, the new wind power capacity installed last year is nearly five times greater than that installed in 2013. Although more capacity was installed in 2014 than 2013, the annual capacity addition is less than half the record of 13,000 MW that was installed in 2012.
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GRDA Holds Groundbreaking Ceremony for Combined Cycle Project at Grand River Energy Center in Oklahoma
LCG, January 27, 2015-The Grand River Dam Authority (GRDA) held the groundbreaking ceremony on January 23 for its combined cycle project at the Grand River Energy Center in Chouteau, Oklahoma. The 495-MW, gas-fired generation project is estimated to cost $297 million and is scheduled for completion in early 2017.
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Markets
Energy Market Forecasts and Actuals
| ERCOT |
01/31/15 - 02/06/15
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CAISO
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Feb 2015
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| ERCOT |
$19.68 |
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| MISO |
$26.08 |
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| NYISO |
$60.79 |
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| NEISO |
$109.02 |
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| CAISO |
$18.86 |
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| PJM |
$32 |
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| ERCOT |
34899 MW
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| MISO |
74224 MW
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| NYISO |
19466 MW
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| NEISO |
17029 MW
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| CAISO |
26236 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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