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News
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LCG, March 205, 2025--The Southwest Power Pool (SPP) today announced it will soon be the first regional transmission organization (RTO) in the nation to provide full services in both the Eastern and Western Interconnections of the U.S. power grid. On March 20, the Federal Energy Regulatory Commission (FERC) unanimously approved Southwest Power Pool’s amended tariff that includes provisions that enable Western members to join the RTO. The expansion of the SPP RTO is scheduled to go live April 1, 2026.
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LCG, March 20, 2025 – LCG Consulting (LCG) has released a second edition of its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
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Industry News
Burning Gas Not as Profitable as Selling It, Users Find
LCG, Dec. 12, 2000--The skyrocketing price of natural gas has put some companies in the position of having an inventory of gas that is more valuable than the merchandise the gas would be used to create.Terra Industries Inc., an ammonia, urea and methanol manufacturing company, said it had shut down of one of the two sets of ammonia and upgrading plants at its Verdigris, Okla. facility.Michael L. Bennett, chief operating officer of the company, said "The natural gas price increase since our December requirements were purchased for Verdigris permitted us to sell a portion of those purchases and generate higher gross profits than could be realized from selling the products manufactured with the natural gas."Mississippi Chemical Corp. is betting natural gas prices come back down, so it sold all of its natural gas futures contracts in order to take advantage of the opportunity provided by the unprecedented high prices. The company said it made a pre-tax gain of $16 million on the sale."We remain committed to the nitrogen business and our customers, but we also have to takeadvantage of opportunities to optimize cash flow during these challenging times. It is our belief thatthe current unprecedented natural gas prices are unlikely to be sustained during the intermediateterm," Charles O. Dunn, Mississippi Chemical's chief executive, said.Seneca Resources Corp. of New York, a subsidiary of National Fuel Gas Co., said it had temporarily suspended steaming operations in a California oilfield so it could sell the natural gas used to create the steam.Steam is injected into oil wells to heat up the crude and improve its flow capabilities. By suspending the steaming operations, Seneca says it can sell the unused gas at a profit of about $31,500 per month.Too bad electric power can't be stored.
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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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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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