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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
Residential Rate Freeze for Illinois Could Be Extended
LCG, Apr. 12, 2002--A freeze on Illinois residential electric rates now scheduled to expire in 2004 could be extended to 2006, under an amendment to an energy bill now circulating in the Illinois House.Rep. Phil Novak (D-Bradley) proposed the amendment in order for utilities and consumers to create a business environment that is better able to offer consumer choice. So far, no new companies have registered to supply residents, although any that do will be able to supply residents next month.Novak said, "we're four years and four months into this new law, and not much of a market has developed in order to provide our residential customers some safety and security and protect them from any volatile price hikes." He said the freeze would allow lawmakers room to "remove impediments to a wholesale market."A ComEd spokesman, Jon Hatfield, said, "the issue for us is, will we be able to make the numbers work so we can manage that risk." ComEd and Illinois Power would assume all risk of rising wholesale prices if a rate freeze were to be extended under the amendment.
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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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