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PRESS RELEASE
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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, 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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NEWS
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LCG, October 11, 2022--The U.S. Energy Information Administration, or EIA, released its latest supplement to the Short-Term Energy Outlook (STEO) in the Texas market, assessing various possible scenarios using LCG’s UPLAN NPM model, with a special focus on the effects on wholesale power prices and market conditions.
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LCG, September 16, 2022--The Governor of Michigan last week sent a letter to the U.S. Department of Energy (DOE) in support of Holtec International’s application for a federal grant under the Civil Nuclear Credit (CNC) program to save the Palisades Nuclear Facility in Southwest Michigan. The federal grant could result in restarting the baseload, carbon-free, nuclear power plant.
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LCG, September 9, 2022--Scout Clean Energy (Scout) announced yesterday that GE Renewable Energy (GE) has been selected to provide 71 of GE's latest generation 2.8-127 onshore wind turbines for the 200 MW Sweetland Wind Project (Sweetland) in Hand County, South Dakota. Sweetland is owned and will be operated by Scout, a renewable energy developer-owner-operator.
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Energy Market Prices and Loads
| ERCOT |
$20.25 |
| MISO |
$20.45 |
| NYISO |
$26.94 |
| NEISO |
$37.92 |
| CAISO |
$23.1 |
| PJM |
$20 |
| ERCOT |
39146 MW
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| MISO |
65739 MW
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| NYISO |
16810 MW
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| NEISO |
9933 MW
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| 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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