Los Altos, September 12, 2023 — LCG Consulting, a pioneer in energy market analysis and consulting services, is proud to announce its groundbreaking prediction of the value of every path to be traded in the upcoming 2024 Annual Congestion Revenue Rights (CRR) auctions at the California Independent System Operator (CAISO).

Read more

EIA Releases A Case Study of Transmission Limits on Renewables Growth in Texas using UPLAN Model

LCG, July 13, 2023 – This paper explores the interplay between projected renewable energy additions onto the electricity grid in Texas operated by the Electric Reliability Council of Texas (ERCOT) and the region’s existing electrical transmission network.

Read more

Industry News

Vistra Announces Expansion of Battery Energy Storage Project Planned at Oakland Power Plant

LCG, April 16, 2020--Vistra yesterday announced plans to increase the size of its battery energy storage project located at the site of its Oakland Power Plant in California. The battery capacity will be increased from 20 MW/80 MWh to 36.25 MW/145 MWh. Vistra expects the project will commence commercial operations by January 2022.

The President and CEO of Vistra stated, "We are excited to build on our original partnership with East Bay Community Energy and PG&E. We believe battery energy storage will play an increasingly key role in the reliability of the electric system, and this project represents a shining example of that view. Vistra is proud to be able to provide clean energy to the residents of Oakland while, at the same time, helping the city meet its sustainability goals."

The battery energy storage system (BESS) will be a partial replacement for the aging 165-MW jet fuel-fired plant, which is currently on a Reliability Must-Run contract with the California Independent System Operator (CAISO). Vistra plans to eventually retire the existing units at Oakland Power Plant and develop additional energy storage projects at the site.

The project has received necessary approvals from East Bay Community Energy (EBCE), a Community Choice Energy provider, and from Pacific Gas and Electric (PG&E). EBCE approved an amended contract to receive the larger resource adequacy capacity from the project, while PG&E approved a new Local Area Reliability Service Agreement to ensure grid reliability as part of the Oakland Clean Energy Initiative. PG&E is awaiting approval from the California Public Utilities Commission (CPUC).

The CEO of East Bay Community Energy said, "Adding an additional 16.25 MW of battery storage capacity in downtown Oakland is a win for EBCE, our customers, reliability of the electric grid, and local air quality. We're pleased to participate in clean energy developments that help us meet our resource adequacy obligations while creating local benefits for the communities we serve."

Vistra is also currently constructing the 300 MW/1,200 MWh BESS in Moss Landing, California. The project is scheduled to be completed later this year. When it commences operations, it is expected to be the largest of its kind in the world.
Copyright © 2023 LCG Consulting. All rights reserved. Terms and Copyright
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service