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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 Assembly Rejects $10 Billion for Power
LCG, Feb. 1, 2001The lower house of the California legislature early this morning rejected a measure that would have allowed the state to purchase $10 billion worth of electricity and resell it at cost to cash-strapped utilities.The state Senate had approved the legislation by a 27-8 vote yesterday and the Assembly had hoped to get the measure to Gov. Gray Davis by midnight. But when the weary lawmakers took a vote, the bill passed by 51 to 28, missing the two-thirds majority needed for passage.The bill's supporters, almost solidly Democrat, said they would take another vote today in an attempt to win over three Republicans.Assembly Speaker Robert Hertzberg, calling on lawmakers to vote for the measure, said "The critical point that I want to make tonight is, like it or not, we're in the power business."The bill calls for the state to issue billions of dollars worth of tax-exempt bonds to finance long-term power purchases. The bonds would be repaid through higher electric rates charged to customers, over a period of 10 or more years.Earlier, a number of Senate Republicans had said that they would vote for the bill only if Davis took full responsibility for the legislation, and even Democrats were putting pressure on the governor to act decisively. Sen. Don Perata, an Oakland Democrat, said the governor has not shown leadership, adding "This is not easy for a Democrat to be saying what I'm saying."
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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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