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).

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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.

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Industry News

Snapshot of Load Changes, California (CAISO) and New York City regions (NYISO NYC): an Addendum

LCG, April 6, 2020 -- Jeremy Platt, Palo Alto has made some additional observations of impact of COVID - 19 on electricity demand using the grid operators data published by LCG. This note extends the results reported on March 27, 2020. The magnitudes of load reduction are very different due to the different sizes of these regions, but the times and scales of sharp reductions of ~ 16% are remarkably similar. No attempt has been made to isolate impacts due to COVID-19 measures from other complications such as weather. Nevertheless, as shown over three years for New York (NYC), stay-at-home policy impacts are highly transparent.

I. Hourly Load Profiles:
CAISO & NYISO Hourly Loads

II. Load Reductions in MW and as Percent of Earlier (March 11) Load:
CAISO & NYISO Hourly Loads

III. COVID-19 Response Shown for New York City Is Nothing Like Prior Experience
NYISO Load Trend

IV. Record Jump in Advance Claims for Unemployment Insurance

The economic impacts across the country of widening measures to reduce exposure to the novel coronavirus was evidenced for the second week in a row by surging claims for unemployment insurance. The back to back news releases from the Department of Labor on March 26 for the week ending March 21 and April 2 for the week ending March 28 present a sobering progression. Total advance claims – not seasonally adjusted – climbed from 251,416 to 2,898,450 (then revised to 2,920,160) to 5,823,917, the most recent total representing an almost exactly doubling from the prior record week. The number of states with more than 100,000 filings climbed from 10 to 17, with three more nearly at that threshold. Effects are notable nearly everywhere, the South, Southeast, and Mid-Atlantic states, major industrial centers of the Midwest, along the Gulf, e.g. Texas, and the earliest and hardest-hit areas of the Northwest and Pacific, namely Washington and California. All can be expected to show significant declines in industrial and commercial electric loads.

The Appendix incorporates a table from DOL’s latest news release “Unemployment Insurance Weekly Claims”: The week before, top filings were submitted in Pennsylvania (377,451) and California (186,333). A week later, seven states exceeded California’s number, in order: CA, PA, NY, MI, TX, FL and WA. 14 states were in, or approaching, the range down to 100,000, led by MA, IL, NC, IN and GA.

Recommended: A informative timeline and sampling of the growing impacts of the COVID-19 pandemic on business is the April 4 2020 Wall Street Journal article “The Month Coronavirus Felled American Business” by Liz Hoffman and Marcelo Prince.

Appendix: Dept. of Labor Unemployment Insurance Filings, Page 5 of April 2 News Release
Advanced State Claims
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