EIA Publishes Study on High Renewables Growth Impact in WECC Markets using UPLAN

LCG, July 19, 2024 – A working paper published by the U.S. Energy Information Administration (EIA) utilized the UPLAN model to study the impact of high renewables growth in the Western Electric Coordinating Council (WECC) markets.

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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

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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Industry News

Montana Power Sale of Utility Business Approved

LCG, Feb. 26, 2001The Federal Energy Regulatory Commission has approved the sale by Montana Power Co. of its electric utility operations to North Western Corp. of Sioux Falls, S.D., the two companies said in a joint statement Friday.

The deal will cost North Western about $1.1 billion, including assumption of around $488 million in Montana Power debt. Approval of the deal is still required from the Montana Public Service Commission and the U.S. Securities and Exchange Commission.

In March last year, Montana Power said it would sell all of its power plants, wires and other electric utility assets and become a telecommunications company. By summer, the company will have also sold other energy related businesses in coal, oil and natural gas, as well as its independent power production operations.

"This will take us completely out of the energy businesses and will leave us as a stand-alonetelecommunications company. Our name will be Touch America," spokesman Cort Freeman said.

It would seem that the name could have been sold along with the other assets.

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