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

France To Reform Renewable Permitting Process

LCG, Apr. 4, 2002--The French Industry Minister Christian told an annual conference devoted to the development of wind power today that the government will release streamlined permitting rules for wind and hydro facilities this year.

Pierret said that this was necessitated by the national goal of obtaining 21% of overall energy production from renewable sources by 2010. Currently, renewables, chiefly hydropower, account for 15% of output.

The rules being developed are likely to include guidance on wind power development in urban areas, and requirements for environmental impact studies and gauging of public sentiment for wind installations of 2.5 megawatts and above.

Pierret also commented that smaller-scale hydropower development has been unnecessarily stifled, and that environmental impact studies would be required of facilities producing 500 kilowatts or more. Grid access applications would be made uniform for all renewables.
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