EIA Publishes Study on High Renewables Growth Impact in WECC Markets using UPLAN

LCG, July 19, 2024 – A working paper published by the U.S. Energy Information Administration (EIA) utilized the UPLAN model to study the impact of high renewables growth in the Western Electric Coordinating Council (WECC) markets.

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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

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Industry News

Duke Offers San Diego Low-Priced Long-Term Power

LCG, Nov. 28, 2000--Duke Energy Corp. said yesterday it had proposed to manage San Diego Gas & Electric's Co.'s 3,300-megawatt electricity load at a fixed price of 6 cents per kilowatt-hour for the next five years, a half-cent under the price everyone in San Diego seems to want.

Duke said its proposal, made through its Duke Energy North America (Dena) business unit, takes into account SDG&E's seasonal and hourly load requirements and has a 3-percent annual adjustment for inflation. It was included in comments Dena submitted to the Federal Energy Regulatory Commission last week in response to the commission's proposed remedies for California's electricity market.

"The 3,300 megawatts represent the full electricity load SDG&E needs to serve its retail customer base during the hottest summer day," said Jeff Stokes, Dena executive vice president for the western region.

Bill Hall, Dena vice president of asset management for the Western region. "The competitive wholesale electricity markets did not cause this electricity crisis; but with patience, wisdom and bold behavior by all market participants, we can fix the crisis and not burden the state's electricity ratepayers or taxpayers."

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