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News
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LCG, September 23, 2021--Duke Energy Sustainable Solutions, a nonregulated commercial brand of Duke Energy, earlier this week announced the construction of the 207-MW Ledyard Windpower project in Kossuth County, Iowa. Verizon Communications entered into a 15-year virtual power purchase agreement (VPPA) for 180 MW of the wind energy for 15 years to meet its net-zero goals.
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LCG, September 16, 2021--The Governor of Illinois yesterday signed into law SB 2408, a wide-ranging bill that will significantly impact the electric sector, along with impacts on the transportation sector, jobs and communities. The legislation requires 100 percent carbon free energy by 2045 and targets a path to achieve 100 percent renewables by 2050.
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Press Release
2020 ERCOT Outlook published by LCG Consulting
LCG, April 23, 2020 – LCG Consulting (LCG) recently published a comprehensive hourly simulation of the ERCOT market for 2020 under “business as usual” condition. The Outlook outlines future operation of the ERCOT nodal market, including Locational Marginal Prices (LMPs), load zone prices, hub prices and expected congestion.
Since the preparation of this report, there have been many changes to gas demand, electricity usage, and general economic activities due to the state's response to COVID-19. As of March 2, energy consumption has decreased by 2 percent and the morning load has decreased by approximately 10 percent, according to ERCOT. A supplement to this “business as usual” report incorporating the near-term impact of the economic downturn will be published soon.
LCG performed the simulations using the sophisticated and long-standing electricity model, the UPLAN Network Power Model. LCG has been modeling energy systems for more than 30 years and continuously sustains the most up-to-date information on every detail of the Texas grid including minor and major transmission upgrades as well as generation additions and retirement.
For more in depth analysis, LCG can provide tailored datasets, such as individualized generator performance, hourly prices, and much more.
For more information on LCG’s products and services, contact Julie Chien at julie.chien@energyonline.com. You can download the the report directly.
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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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Generator X
Generation and Transmission Planning and 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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