|
News
|
LCG, October 11, 2022--The U.S. Energy Information Administration, or EIA, released its latest supplement to the Short-Term Energy Outlook (STEO) in the Texas market, assessing various possible scenarios using LCG’s UPLAN NPM model, with a special focus on the effects on wholesale power prices and market conditions.
Read more
|
|
LCG, September 16, 2022--The Governor of Michigan last week sent a letter to the U.S. Department of Energy (DOE) in support of Holtec International’s application for a federal grant under the Civil Nuclear Credit (CNC) program to save the Palisades Nuclear Facility in Southwest Michigan. The federal grant could result in restarting the baseload, carbon-free, nuclear power plant.
Read more
|
|
|
Industry News
Nevada Puts Electric Dereg on Hold
LCG, April 19, 2001Nevada Gov. Kenny Guinn yesterday signed into law legislation that puts electric deregulation on hold, halts the sale of power plants by state utilities and sets a new rate structure protecting the electric companies from soaring wholesale power prices.The state Senate and Assembly had passed the measure earlier yesterday and sent it to the governor. The bill, which was framed with an anxious eye on California to the west, is an emergency act, meaning it takes effect immediately."I can tell you, this is a great relief," said Guinn, himself a former utility executive. "Nothing can stop escalating costs, but we're in the best position to protect ourselves."Walt Higgins, chief executive of Sierra pacific Resources Corp., parent company for Nevada's two electric utilities, said "This was a bold move by the legislature and the governor to focus on the real problem that threatened every consumer and business in Nevada."The problem also threatened Higgins' company, and he too can breathe a sigh of relief. Under the provisions of the legislation, rates would be continued at their current levels, reflecting all recent increases to date, and remain stable until early next year, at which time they would be adjusted to reflect the actual costs of wholesale power and fuel over that period. If wholesale costs remain high, the legislation allows for the rates to be spread out over several years.Lawmakers added last-minute language to the bill to make sure retail customers get a break if it turns out that Sierra Pacific's operating utilities make too much money selling wholesale power.
|
|
|
|
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
|
|
|
UPLAN-ACE
Day Ahead and Real Time Market Simulation
|
|
|
PowerMax
Day-ahead and real-time portfolio revenue optimization
|
|
|
Generator X
Generation and Transmission Planning and Optimization
|
|
|
UPLAN-G
The Gas Procurement and Competitive Analysis System
|
|
|
PLATO
Database of Plants, Loads, Assets, Transmission...
|
|
|
|
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
|
|
|
