News
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
Consumer Group Sues CPUC Over 'Ratemaking' in Bankruptcy Plan
LCG, Apr. 11, 2002--A lawsuit has been filed today in the California Supreme Court by the Foundation for Taxpayer and Consumer Rights against the state Public Utilities Commission over the agency's plan to direct ratepayer revenue to paying down the debt of Pacific Gas & Electric Co.Doug Heller, the group's spokesman, said, "by state law, the commission is not allowed to do ratemaking in closed session. If they are proposing an alternate PG&E plan to extend a rate hike, that's doing ratemaking." The CPUC has been given a deadline of April 15 by U.S. Bankruptcy Court Judge Dennis Montali by which it must submit a more detailed reorganization plan to be considered alongside Pacific Gas & Electric's own plan.The CPUC plan would cause Pacific Gas & Electric to suspend shareholder dividends, refinance long-term debt, and would maintain retail electricity rates at current levels. When the CPUC's plan was first released for review, president Loretta Lynch said that Pacific Gas & Electric was building cash reserves because it was receiving higher revenues from power sales than the cost of supplying the power. The company contended that the CPUC's plan severely underestimated the amount of PG&E's debt and liabilities.
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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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