EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Federal Government uses UPLAN model to examine price volatility in ERCOT

LCG, October 11, 2022--The U.S. Energy Information Administration, or EIA, released its latest supplement to the Short-Term Energy Outlook (STEO) in the Texas market, assessing various possible scenarios using LCG’s UPLAN NPM model, with a special focus on the effects on wholesale power prices and market conditions.

Read more

Michigan Governor Supports Reopening Palisades Nuclear Facility

LCG, September 16, 2022--The Governor of Michigan last week sent a letter to the U.S. Department of Energy (DOE) in support of Holtec International’s application for a federal grant under the Civil Nuclear Credit (CNC) program to save the Palisades Nuclear Facility in Southwest Michigan. The federal grant could result in restarting the baseload, carbon-free, nuclear power plant.

Read more

Industry News

Utilities in U.S. Northwest Ask for Steep Gas Rate Hikes

LCG, Dec. 11, 2000--Avista Corp. and Puget Sound Energy Inc. asked regulators to approve steep natural gas rate hikes because of rapidly escalating wholesale prices for the commodity which the utilities sell to their retail customers without profit.

Avista asked both Washington and Idaho to approve a 29 percent rate increase, while Puget Sound Energy asked for a 25 percent boost to its gas rates in Washington. For a typical householder now paying $65 a month for natural gas, Avista's rate hike would mean monthly bills of $83.85 and Puget's would nick the consumer $81.25.

Avista asked that its rate hike take effect in both states on January 11. Puget was willing to wait a day longer.

"Even with this adjustment, natural gas remains a good value for consumers," said Tim Hogan,Puget's vice president for external affairs. "When it comes to heating a home, a dollar's worth ofnatural gas buys consumers the same amount of energy as $2.33 worth of propane, $1.52 worth ofoil or $1.61 worth of electricity."

Copyright © 2023 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
Generator X
Generation and Transmission Planning and Optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service