EnergyOnline

PRESS RELEASE

2021 Will Present New Challenges for Congestion Revenue Rights (CRRs) in CAISO

LCG, September 4, 2020--LCG Consulting completes a comprehensive congestion analysis for 2021 in California ISO (CAISO).

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COVID-19: Analysis of Resource Adequacy in ERCOT - July - December 2020

LCG, June 30, 2020 - LCG Consulting just released its analysis of ERCOT for the second half of 2020, July through December.

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2020 ERCOT Outlook published by LCG Consulting

LCG, April 23, 2020 – LCG Consulting (LCG) recently published a comprehensive hourly simulation of the ERCOT market for 2020 under “business as usual” condition.

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COVID-19 Simulation Results for ERCOT 2020 - a Comparison to Business as Usual Case

LCG, April 23, 2020 -- The COVID-19 pandemic is having a profound impact on daily life and the economy, from affecting which businesses are allowed to operate, to influencing international oil prices.

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NEWS

How to Make the Grid Secure

LCG March 1, 2021--February’s winter weather has brought a new level of uncertainty to the Texas grid, on top of rapid renewables growth and hot summer weather. Not only did the blackouts solidify the need to plan for extreme weather in winter and summer, but they also brought Texas residents, the governor, and the legislature into a public conversation about demand-supply planning.

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Long Ridge Energy Announces Plans to Allow Transition to 100 Percent Hydrogen

LCG, March 4, 2021--Ohio's Long Ridge Energy Generation is retrofitting its 485-MW combined-cycle power plant to use a blend of natural gas and carbon-free hydrogen, making it the nation's first large gas turbine plant to transition operations to hydrogen fuel.

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Winter Storm Event Decimates Texas Power Supply

******** February 19, 2021 update--The Electric Reliability Council of Texas (ERCOT) expects to come out of emergency conditions later this morning, the wholesale electricity prices is back to pre emergency level. ******** LCG, February 18, 2021-–Extreme winter weather swept across the central and southern states over the week beginning Feb 8, bringing record low temperatures and heavy snow. The temperatures shocked the Texas grid, pushing it to operational limits that ERCOT and generators did not expect and spiking wholesale electricity prices. A combination of higher-than-expected demand and plant and natural gas failures gutted the available power supply.

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Energy Market Prices and Loads

Energy Price (Actuals)
ERCOT $-3.29
MISO $21.59
NYISO $20.91
NEISO $35.13
CAISO $23.1
PJM $19
Load (Actuals)
ERCOT 32299 MW
MISO 77774 MW
NYISO 15629 MW
NEISO 9933 MW
CAISO 26524 MW

LCG NEWS

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

NorthRenew Energy achieved financial close for TG East Wind Project

ERCOT reviewed Frio County Transmission Project



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The Locational Marginal Price Model (LMP) Network Power Model
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Day-ahead and real-time portfolio revenue optimization
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Annual summary of prices, congestion and important events in ERCOT
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