Federal Government uses UPLAN model to examine price volatility in ERCOT

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

Michigan Governor Supports Reopening Palisades Nuclear Facility

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

Williams Plans 1,230 Megawatts Near Atlanta

LCG, April 20, 2001The Williams Cos. Inc. said yesterday it plans to build a 1,230 megawatt natural gas-fueled merchant power plant near Atlanta, Ga. The company said the new facility could commence commercial operation sometime in 2004.

"This new facility will assist us in developing our growing portfolio of power agreements in Georgia(and) will fit our plan to expand our power portfolio in the Southeast," said Bill Hobbs, president ofWilliams' energy marketing and trading unit.

The plant will occupy about 30 acres of a 230-acre site with the balance of the property preserved in its natural state and dedicated to community use for a park or hiking trails. The location was chosen because of a nearby natural gas pipeline and existing power substation and transmission lines.

Williams said it will take about a year to complete the permitting process before construction can begin.

Copyright © 2023 LCG Consulting. All rights reserved. Terms and Copyright
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
Generator X
Generation and Transmission Planning and Optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service