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News
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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.
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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.
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Industry News
LA Utility Faces Another Lawsuit for Alleged Overcharging
LCG, April 2, 2002-Following Attorney General Lockyer's lead, five government agencies filed suit against the Los Angeles Department of Water and Power for allegedly overcharging by $200 million over 10 years.Los Angeles County Unified School District, Los Angeles County Metropolitan Transportation Authority, Los Angeles County Community College District, and Los Angeles County have been joined by California Attorney General Bill Lockyer in the lawsuit and are seeking triple damages.Lockyer had filed a similar suit in March and claims that the municipal utility consciously charged customers too much in order to dissipate costs of building new plants.The plaintiffs have filed the suit in the San Francisco Superior Court.Los Angeles Department of Water and Power denies the charges, and its legal representation says that there are problems with the suit regarding the statute of limitations.The suit relies on studies conducted in 1991 and 1992 that show electricity rates higher than allowed as a percent of the cost of generation.
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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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PowerMax
Day-ahead and real-time portfolio revenue optimization
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Generator X
Generation and Transmission Planning and Optimization
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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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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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