Offshore Wind Projects Receive Boost from Massachusetts and Biden Administration

LCG, March 31, 2021--The Governor of Massachusetts signed legislation last Friday that authorizes the state to direct utilities to purchase an additional 2,400 MW of offshore wind energy by 2027.

Read more

NV Energy's Greenlink Nevada Transmission Project Approved by PUCN

LCG, March 25, 2021--The Public Utilities Commission of Nevada (PUCN) on Monday approved proceeding with NV Energy's Greenlink Nevada transmission and renewable energy initiative. NV Energy's planned investment in Greenlink is over $2.5 billion.

Read more

Industry News

ComEd, AEP, Illinois Power Join PJM

LCG, June 26, 2002--Commonwealth Edison Co., Illinois Power, and American Electric Power Co. will join the grid operator PJM Interconnection LLC.

The utilities intend to create a for-profit independent transmission company with National Grid USA inside PJM's PJM West, although PJM itself is a nonprofit grid operator.

The four companies signed a memorandum of understanding and sent it to the Federal Energy Regulatory Commission yesterday. ComEd, AEP, and Illinois power will join PJM whether or not the independent for-profit company is finalized.

PJM may become a Regional Transmission Operator, or RTO, if FERC decides to give the grid operator approval.

Copyright © 2021 LCG Consulting. All rights reserved. Terms and Copyright
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
Generator X
Generation and Transmission Planning and Optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Daily LMP Forecast for ERCOT
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service