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LCG Publishes 2021 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, March 11, 2021 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2021. The Outlook represents the operation of ERCOT wholesale electricity market under “business as usual" conditions, as is always the case in the Outlook.

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.

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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...

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MarketVision
Daily LMP Forecast for ERCOT

MarketWatch
Annual summary of prices, congestion and important events in ERCOT

CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service