EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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

Cal ISO Warns of Possible Power Shortages

LCG, Oct. 3, 2001--The California Independent System Operator warned yesterday of possible electricity shortages as 9,300 megawatts of generation could be off-line toward the end of October due to plant maintenance, emission reduction projects, "forced" or unplanned outages, and low water conditions.

If the repair work were to coincide with a high-demand day, operating reserves could fall below critical levels, Cal ISO said. The state has not seen rolling blackouts since May 8 and the ISO doesn't want to declare a Stage 3 emergency which would bring them on.

Cal ISO said it expects to have enough power available today and through the month of October to meet the forecast demand, as long as conservation continues, but stresses the importance of conservation as an important tool to help the it balance the grid and lower consumers bills.

The agency is urging Californians to continue using less power, and specifically to use less power during the peak hours between 2:00 and 7:00 p.m.

Copyright © 2023 LCG Consulting. All rights reserved. Terms and Copyright
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
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service