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

CA Could Pay Business Not to Use Power

LCG, June 18, 2002--A new initiative is expected today, which suggests paying businesses who reduce their electricity usage during peak demand.

The State of California Demand Reserves Partnership is an attempt to prevent blackouts through conservation by allowing as much as $50 million to go to participating businesses.

Businesses would consent to limit electricity use during peak demand beforehand and would subsequently be monetarily compensated for yielding "immediately verifiable" capacity up for redistribution.

APX Inc., which expects to receive $2 million annually for running the program, says that such a move can be implemented "almost overnight," and that Ohio is also considering a similar program.

While the program might free up electricity during peak demand, the state has not been facing the threat of blackouts recently and saw several new plants come on line this year already.

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