EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Senate to Vote on Hydroelectric Amendment

LCG, April 23, 2002-The United States Senate will vote on a proposal which may alter the hydropower licensing process.

Senators Benjamin Nelson, D-NE, Larry Craig, R-ID, and Gordon Smith, R-OR presented the amendment as a part of the larger energy bill currently making its way through Congress.

The hydroelectric industry does not like the current licensing procedure, contending that federal law favors environmental concerns over economic gains.

Current law gives federal agencies the ability to impose limitations in order to protect endangered species and wildlife habitat.

The Nelson amendment allows power companies to propose more economical ways to meet environmental standards. Beyond this, federal agencies would be forced to accept the power companys' proposals if they complied with environmental conditions and provided more electricity or cost less.

Nelson uses Central Nebraska Public Power District to exemplify his cause. Its Kingsley Dam project had to wait 14 years to finish being re-licensed, at a cost of $40 million.
Last year's energy bill includes all participants, such as Native American tribes, recreational interests, environmentalists, and the U.S. Fish and Wildlife Service, and lets all parties into the decision-making process at the same level. The Nelson amendment would give industry parties the advantage over other interests.

Nelson expects the Senate to vote on his measure this week.

Hydropower comprises between 8 and 12 percent of electric capacity in the U.S.

Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service