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News
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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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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.
Read more
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Industry News
Another Stage 2 Emergency on California Power System
LCG, Jan. 11, 2001The California Independent System Operator declared another Stage 2 electric emergency at 5:00 a.m. this morning, following a Stage 1 called at 3:19 a.m., and both will remain in effect until midnight tonight. Operating reserves needed to maintain reliability of the ISO-controlled grid are forecasted to dip to below five percent for much of the day.In a Stage 2 yesterday, the state's three investor-owned utilities were asked to shed 1,200 megawatts of load, but Cal-ISO said it wouldn't ask for curtailment until this afternoon. Today's Stage 2 is the third this week, when peak demand has been around 32,500 megawatts.About 10,600 megawatts of California power plants were offline yesterday because of planned maintenance or forced outages and that was already worse this today. The Nuclear Regulatory Commission's daily plant status report said this morning that both units of the Diablo Canyon nuclear power plant were operating at only 20 percent because of high seas in the Pacific Ocean which could cause kelp to foul the two reactors' cooling water intakes. That takes another 1,760 megawatts off the grid.After learning of that reduction in resources, Cal-ISO was hit with more forced shutdowns, bringing the total amount of generation offline to more than 13,000 megawatts. Under a Stage 2 emergency, the utilities curtail power delivery to customers that signed interruptible power contracts in exchange for lower rates. Before last spring, a company may have expected to do without electricity once or twice a year. As demand for electricity has outstripped supply, these interruptions have become an almost daily occurrence.The Wall Street Journal in its online edition told this morning of a Southern California steel company that suffered 17 interruptions last year and finally closed a mill in December. The paper also noted that citrus growers, who depend on electricity to run irrigation pumps and large fans that keep their trees from freezing, are hard-pressed by the interruptions.In Silicon Valley, Intel Corp., the world's largest manufacturer of computer chips, said it will quit investing in new plant until the state gets the power supply problem straightened out. The Wall Street said that a survey found that 75 percent of the members of the Silicon Valley Manufacturing Group either had no backup generators or had insufficient power lined up to meet their needs over the next two or three years.
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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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