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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
AEP, Power Agency to Expand Texas Grid
LCG, May 24, 2001American Electric Power Co. and the Lower Colorado River Authority yesterday reached a tentative agreement to spend $500 million over the next five year to expand the electric power transmission system service southwestern Texas.The program, which will require approval by the Public Utilities Commission of Texas, is aimed at improving capacity on the system to accommodate 27 new power plants that will add 14,000 megawatts of generation to the Texas grid in the next few years.The joint venture, which was approved by the LCRA's directors yesterday, expects to have a final agreement in place next month. Robert Cullick, a spokesman for the LCRA, said "We expect to have a final negotiated contract in June and hope to start construction on specific projects by the end of the summer."In an assessment of transmission systems earlier this year, the North American Electric Reliability Council said Texas' transmission grid, though in better shape than those in California and New England, was in need of improvement. Cullick agreed, saying "There are some bottlenecks. By expanding existing lines and building new ones we hope to relieve some of these bottlenecks."In addition to expanding capacity on existing lines and building new ones, the program calls for upgrading substations, adding new connections and making other improvements.Under the joint venture between AEP and LCRA, the Authority will own the new facilities and AEP will operate and maintain them. Because of its tax-exempt status, LCRA will be able to finance the improvements at lower cost than could a private company.
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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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