EnergyOnline

PRESS RELEASE

UPDATED! LCG 2023 Annual Outlook for Texas Electricity Market

LCG, July 11, 2022 – LCG Consulting (LCG) has updated its annual outlook of the ERCOT wholesale electricity market for 2023 using new fuel forecast.

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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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NEWS

New York Pursues 2,000 MW of Offshore Wind

LCG, July 28, 2022--The Governor of New York yesterday announced the release of New York's third competitive offshore wind solicitation that seeks at least 2,000 MW of additional renewable capacity. New York State currently has five offshore wind projects in active development that total over 4,300 MW of capacity, and the goal for the State is 9,000 MW by 2035. The additional capacity gained from the new solicitation will be a big step towards the 2035 goal.

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Enel Green Power Moves Forward with Installing More Renewable and Storage Capacity in Texas

LCG, July 22, 2022--Enel Green Power announced Wednesday the completion of hybrid wind project, Azure Sky Wind + Storage, and the installation of new battery energy storage systems at the operating Roadrunner and High Lonesome renewable project sites.

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LCG Updated 2023 ERCOT Annual Outlook using New Fuel Forecast

LCG, July 11, 2022 – LCG Consulting (LCG) has updated its annual outlook of the ERCOT wholesale electricity market for 2023 using new fuel forecast.

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Energy Market Prices and Loads

Energy Price (Actuals)
ERCOT $132.79
MISO $72.09
NYISO $107.81
NEISO $130.48
CAISO $23.1
PJM $138
Load (Actuals)
ERCOT 33490 MW
MISO 76647 MW
NYISO 20907 MW
NEISO 9933 MW
CAISO 26524 MW

LCG NEWS

LCG 2023 Annual Outlook for Texas Electricity Market (See updated Outlook here)

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