EIA Publishes Study on High Renewables Growth Impact in WECC Markets using UPLAN

LCG, July 19, 2024 – A working paper published by the U.S. Energy Information Administration (EIA) utilized the UPLAN model to study the impact of high renewables growth in the Western Electric Coordinating Council (WECC) markets.

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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

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Industry News

PPL Says It Is Not to Blame for High Prices in Pennsylvania

LCG, Jan. 17, 2002--High prices in the Pennsylvania wholesale power market in early 2001 were not caused by market manipulation, PPL told Pennsylvania's Public Utility Commission this week.

PPL filed a report with the agency, which was given authority by the Federal Energy Regulatory Commission to investigate what supplier NewPower Holdings Inc. complained were market irregularities. Following a PJM report that showed prices to have been inflated, the PUC in November began investigating possible manipulation by PPL.

In addition to the PUC investigation, the U.S. Department of Justice has started an antitrust investigation.

During the first quarter of 2001, PPL's generating capacity was greater than that at the disposal of other electric companies. By law, companies serving customers are to have enough capacity to satisfy an additional 19 percent above expected demand.

High prices in the capacity market were cited by NewPower during the summer as the reason it had had difficulty in serving its customers competitively. PPL's filing referred to the possibiity of alternative suppliers' being squeezed out of retail sales as "unlikely."

Although consumers are protected by rate caps in the Mid-Adlantic, John Hanger, previously a PUC commissioner and who heads PennFuture, a Harrisburg consumer-interest group, said "It's like telling somebody who just got shot he didn't get shot." Hanger said that as of last March, retail power suppliers started to exit the market. The PUC listed 72 companies now in the market, compared to 97 last January.

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