EnergyOnline

PRESS RELEASE

ERCOT 2017 Summer Quarter Outlook

LCG, July 13, 2017-- Earlier this year LCG Consulting published two quarterly reports, January – March, 2017 and March – May 2017, looking at how the ERCOT grid can cope with strained network conditions. LCG just released a new report that covers the analysis for the 2017 summer season (June through September). Extreme loading is a key factor in considering resource adequacy for the region during summer season.

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What can ERCOT expect in 2017? Two new studies published

LCG, February 27, 2017--LCG Consulting has published two reports using its premiere grid modeling software, UPLAN, to model ERCOT in 2017 with 5-minute dispatch.

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Update report on congestion in the Texas Panhandle

LCG, February 16, 2017--LCG Consulting has updated the report on congestion in the Texas Panhandle.

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NEWS

EIA Forecasts Continued Increase in U.S. Natural Gas Exports

LCG, August 10, 2017--The U.S. Energy Information Administration (EIA) released earlier this week its Short-Term Energy Outlook that forecasts the nation will export more natural gas than it imports in 2017 and throughout 2018. Furthermore, the EIA projects the U.S. will continue to be a net exporter beyond 2018 because of growing U.S. natural gas exports to Mexico, declining pipeline imports from Canada, and increasing exports of liquefied natural gas (LNG).

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New Legislation Proposed in U.S. Senate for Offshore Wind ITC

LCG, August 4, 2017--New legislation was introduced in the U.S. Senate to create an investment offshore wind tax credit of 30 percent for the first 3,000 MW of offshore wind facilities placed into service in the U.S. The legislation would amend the Internal Revenue Code of 1986 to provide the incentive to the generate electricity from offshore wind.

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Energy Market Forecasts and Actuals

MarketVision Forecasts
CAISO Sep 2017
Energy Price (Actuals)
ERCOT $20.85
MISO $36.94
NYISO $24.12
NEISO $17.92
CAISO $23.1
PJM $29
Load (Actuals)
ERCOT 58466 MW
MISO 98118 MW
NYISO 23117 MW
NEISO 17760 MW
CAISO 26524 MW


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