EnergyOnline

PRESS RELEASE

MarketVision - Forecast of electricity prices at selltlement points in ERCOT

LCG, December 2, 2014 - LCG Consulting of Los Altos, California released MarketVision, a forecast of settlement point prices for the electric system grid managed by the Electric Reliability Council of Texas (ERCOT). The short-term Locational Market Price (LMP) forecasts are available for daily peak and off-peak prices, which are derived from hourly prices generated by proprietary fundamental models.

The Energy Information Administration (EIA) adopts UPLAN for potential integration with its Short Term Energy Outlook

LCG, October 8, 2014 – The office of Energy Information Administration (EIA) of the US Department of Energy has acquired UPLAN Network Power Model for specialized electric modeling. EIA has also acquired the accompanying Plants, Loads, Assets, Transmission and Operations (PLATO) data models for the entire US electric system.

LCG Consulting is to release comprehensive 2015 CAISO CRR auction values just prior to auction

LCG, August 1, 2014--LCG Consulting of Los Altos, California is to release California ISO (CAISO) Congestion Revenue Rights (CRR) Annual Auction results prior to the Tier 1 nomination window close on September 18, 2014.

LCG Develops Prototype for Real-Time Remedial Action Screening

LCG, May 15, 2014-LCG Consulting of Los Altos, California has completed the development of a prototype that incorporates the basic functionality necessary to prove the effectiveness of the composite Lyapunov function-based transient stability analysis method. LCG has been working on a visual interface that will enable the operator to constantly monitor and analyze the status of the electrical network. With this interface, the operator can conveniently view data on a geographical map. The viewable data include phase angle, frequency, voltage at key substations along with power flows, overloads and other critical information on transmission paths and flowgates.

Congestion on the Horizon for the SPP Integrated Marketplace

LCG Consulting (LCG) of Los Altos, California has performed an electricity market assessment and forecast of SPP. Congestion is imminent.

LCG Releases ERCOT Electricity Market Outlook for 2013, 2014, 2015, 2016 and 2017

LCG, January 11, 2013 –LCG Consulting (LCG) of Los Altos, California has released the electricity market assessment and forecast of ERCOT operations for the years 2013, 2014, 2015, 2016 and 2017. These reports are based on ERCOT SSWG transmission topology and UPLAN simulations using ERCOT nodal protocol. Hourly simulation results are also available for 2015 and 2017 using ERCOT Regional Planning Group’s transmission plan.



NEWS

DOE Issues Final Loan Guarantees for Vogtle Nuclear Power Project

LCG, June 25, 2015-The Department of Energy (DOE) announced yesterday that it will issue $1.8 billion in loan guarantees to three subsidiaries of the Municipal Electric Authority of Georgia (MEAG Power) to support the construction of two advanced nuclear reactors at the Alvin W. Vogtle Electric Generating Plant, located in Georgia near the South Carolina border. The new units, Units 3 and 4, are expected to commence operations in 2019 and 2020, respectively.

Opening Ceremony Held for the 576-MW Gwynt y Môr Offshore Wind Farm

LCG, June 19, 2015-The inauguration ceremony for the world's 2nd largest offshore wind farm, Gwynt y Môr, occurred yesterday, with an official dedication by Carwyn Jones, First Minister of Wales. The wind farm, located eight miles offshore in Liverpool Bay, includes 160 wind turbines with a combined electric generating capacity of 576 MW. The $3.3 billion wind farm investment is shared by RWE (60 percent) and its partners in Gwynt y M?r, Stadtwerke M?nchen (30 percent) and Siemens (10 percent).

  

Markets

Energy Market Forecasts and Actuals

MarketVision Forecasts
ERCOT 07/02/15 - 07/08/15
CAISO Aug 2015
Energy Price (Actuals)
ERCOT $21.6
MISO $24.98
NYISO $7.57
NEISO $10.04
CAISO $23.1
PJM $23

Load (Actuals)
ERCOT 52842 MW
MISO 81773 MW
NYISO 22337 MW
NEISO 15779 MW
CAISO 26524 MW



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Daily LMP Forecast for ERCOT

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Monthly summary of prices, congestion and important events in ERCOT

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