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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
California Okays $400 Million for Power Purchases
LCG, Jan. 19, 2001California Gov. Gray Davis signed two electricity-related bills yesterday evening, one of which will revamp the board of the California Independent System Operator. The other rescinds the portion of the state's 1996 restructuring law that requires the state's investor-owned utilities to sell their non-nuclear power plants.Neither measure promised much help for Californians who endured a second day of rolling blackouts.But late yesterday the legislature approved a measure that would provide $400 million to the California Department of Water Resources so it can continue to purchase power for the state's two largest electric utilities, which have been impoverished by subsidizing customers.Davis said he would sign that bill today. "We're being asked to keep the lights on," he said. "If it requires some money, then money will be appropriated." State Senate President Pro-Tem John Burton, a San Francisco Democrat, introduced a bill yesterday that would create a public power authority to finance construction of new power plants, help modernize older plants and finance energy conservation programs.Burton said he was "taking aim at the astronomical energy prices in California."The state Senate also debated a measure, passed on Tuesday by the Assembly, that would allow the Department of Water Resources to enter into long-term contracts with power producers to purchase electricity at no more than 5.5 cents per kilowatt-hour.Some lawmakers questioned whether a state agency would be able to buy power that cheap. Power producers have said the soaring price of natural gas, the fuel of choice for thermal power plants in California, has made the rock-bottom price somewhere around 7 cents or 8 cents, even for a lot of power over a long period.
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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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