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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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ERCOT Wind Expansion: Impact on Energy and Ancillary Service Markets

LCG, October 05, 2016--LCG Consulting has released its latest report Market Effects of Wind Penetration in ERCOT: How Wind Will Change the Future of Energy and Ancillary Service Prices. In this study, LCG investigates the system-wide impacts on the ERCOT market of three levels of wind capacity expansion in the year 2021, with particular emphasis on energy and ancillary service prices.

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HISTORY

Thanks to LCG, in 1983 if you wanted to optimize your generator dispatch, you didn’t needed to pay a lot of money for a mainframe computer and the computer scientists to program it; in 1988, if you wanted to use a financial or engineering based program dedicated to the energy industry, it wouldn’t have to be text based; in 1990 if you wanted to analyze the emerging energy markets, you wouldn’t need to speculate; and in 2008 if you want to accurately forecast the physical and financial operations of a deregulated electricity network, you can.

Incorporated in 1983, LCG Consulting has been dedicated to providing clients with the information and tools necessary to navigate the complex dynamics between the physical and economic aspects of large energy systems.

Based in Los Altos, California with offices in Paris France, our client base stretches around the world and consists of players from all aspects of the energy industry.

From optimal generator dispatching programs running on the first generation IBM PC to natural gas contract evaluations to FTR valuations and merchant plant analysis operating on computing grids, LCG has always been a pioneer.

Since our founding, we have done thousands of studies for hundreds of clients. Our software models have set the standard for excellence in the energy industry and our efforts have been utilized for a wide variety of applications including:

  • Asset valuation and strategic planning
  • Simulation of electricity and gas markets
  • Electricity price forecasting and volatility analysis
  • Development of bidding strategies and portfolio optimization
  • Transmission, generation and new entrant analysis
  • Simulation of ISO/PX operations
  • Merger and market power studies
  • Emissions modeling and trade analysis

Our success and longevity can be attributed to our ability to maintain an edge in the theoretical aspects of energy system analysis and technology in general. We are fortunate to have an excellent and energetic staff with leaders in academia, power system engineering and computer science.

Interested in working for LCG? See what's available at LCG's job announcements.

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Generator X
Generation and Transmission Planning and Optimization
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
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketVision
Daily LMP Forecast for ERCOT
MarketWatch
Monthly summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service