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News
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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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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.
Read more
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Industry News
U.S. Senate Votes NERC over FERC
LCG, March 15, 2002-Yesterday the U.S Senate voted to yield authority over blackouts and other electricity grid disruptions to regional officials, not federal regulators.The Senate voted between two amendments regarding energy regulation, resulting in a plan that allows reliability enforcement to remain in the hands of the North American Electric Reliability Council (NERC), which is divided into ten regional councils. The amendment, presented by Wyoming Senator Craig Thomas (Rep), requires utilities to follow rules created by NERC rather than by the Federal Energy Regulatory Commission (FERC). Democrat and Senate Energy Committee Chairman Jeff Bingaman had offered a plan which gave FERC primary power in certain capacities. Northeast transmission-grid operators and many in industry supported the Democratic plan and voiced concerns that the alternative plan would lead to too much red tape.Republican senators, as well as public utility commissioners, rejected the idea of Federal authority, saying that the plan would not allow the states enough freedom to attend to energy issues effectively. Whether or not the measure will become law has yet to be determined. The senate also discussed how much renewable energy should be required in total energy production; plans vary from deleting all mention of renewables to requiring 20 percent by 2020.
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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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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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