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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
California ISO Seeks Plan to Attract Imports
LCG, Apr. 12, 2002--A meeting of the California Independent System Operator and Northwest utilities and wholesale power marketers sought yesterday to make further progress on an effective means to solicit bids from power suppliers out-of-state.The ISO informed the Federal Energy Regulatory Commission this week that imports are less than 1 percent of overall supplies required to meet summer demand, down from 27 to 30 percent. The change is attributed to a February order by the FERC commonly known as "zero dollar bid," because the price received by out-of-state suppliers depends entirely on the market price results determined within California. Northwest utilities and potential exporters in Canada's British Columbia have said that they are unfairly made to accept risk because of the order.Out-of-state producers do not necessarily have to be able to set the market-clearing price in order to have fair bidding opportunities, the ISO has told FERC. The "zero dollar bid" rule was instituted in order to end "megawatt laundering," the alleged practice of California generators selling to out-of-state traders or generators who could resell the same energy as an import to California at a higher price.
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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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