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PRESS RELEASE
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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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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, 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, 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
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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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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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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
| ERCOT |
$69.32 |
| MISO |
$87.98 |
| NYISO |
$71.94 |
| NEISO |
$51.79 |
| CAISO |
$23.1 |
| PJM |
$57 |
| ERCOT |
33490 MW
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| MISO |
95897 MW
|
| NYISO |
16443 MW
|
| NEISO |
9933 MW
|
| CAISO |
26524 MW
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LCG NEWS
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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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PowerMax
Day-ahead and real-time portfolio revenue optimization
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Generator X
Generation and Transmission Planning and Optimization
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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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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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