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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. The temperatures shocked the Texas grid, pushing it to operational limits that ERCOT and generators did not expect and spiking wholesale electricity prices. A combination of higher-than-expected demand and plant and natural gas failures gutted the available power supply.

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NorthRenew Energy's Mesquite Sky Wind Project Commences Construction

LCG, January 21, 2021-–Garth Klimchuk, managing partner of of NorthRenew Energy announced that the 345 MW Mesquite Sky Wind project located in Callahan County, has commenced construction. LCG Consulting provided analytical service to NorthRenew and investment support to the offtaker Clearway for 345 MW Wind Farm.

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SERVICES

The Power industry is an exciting and complex place to be right now, with profound changes to market structure and regulatory framework. Heavily-regulated monopolies are being replaced by smaller organizations, and renewables are coming online at a record pace.

Today, the search for the optimal market design continues as players grow increasingly knowledgeable and deft. Now more than ever, participation in the industry necessitates sophisticated analysis techniques and access to information.

Please select from the following industry links:

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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...
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