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News
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LCG, May 29, 2019-- LCG released a new summer (June – September 2019) report that looks at how the ERCOT grid copes with strained network conditions. Resource adequacy analysis for the region is especially important during extreme summer loading conditions. This summer the network is under particular scrutiny as the reserves have tightened because of recent retirements.
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LCG, May 16, 2019--South Field Energy LLC announced yesterday its groundbreaking for an 1,182-MW, combined-cycle electric generating facility in Columbiana County, Ohio. The natural gas-fired facility is scheduled to commence operations in mid-2021 and represents a $1.3 billion investment.
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Press Release
ERCOT 2019 Summer Quarter Outlook
LCG, May 29, 2019-- LCG released a new summer (June – September 2019) report that looks at how the ERCOT grid copes with strained network conditions. Resource adequacy analysis for the region is especially important during extreme summer loading conditions. This summer the network is under particular scrutiny as the reserves have tightened because of recent retirements.
This report examines a Base Case, a High Generation Outage Case, a Low Wind Case and a High Load Case. It discusses which strained conditions might affect energy prices, Operating Reserve Demand Curve (ORDC), Peaker Net Margin (PNM), and congestion.
LCG performed this study based on hourly dispatch using its proprietary UPLAN Network Power Model and PLATO-ERCOT data model. LCG has been modeling energy systems for more than 30 years and continuously maintains up-to-date information on every detail of the Texas grid, from minor and major transmission upgrades to gas prices and weather patterns.
If you are interested in receiving the full summer quarter outlook, please contact us at julie.chien@energyonline.com. For more in depth analysis, LCG can provide tailored output to include individual generator performance, hourly nodal prices, congestion, and more.
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Generator X
Generation and Transmission Planning and Optimization
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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PowerMax
Day-ahead and real-time portfolio revenue optimization
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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