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News
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LCG, October 11, 2022--The U.S. Energy Information Administration, or EIA, released its latest supplement to the Short-Term Energy Outlook (STEO) in the Texas market, assessing various possible scenarios using LCG’s UPLAN NPM model, with a special focus on the effects on wholesale power prices and market conditions.
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LCG, September 16, 2022--The Governor of Michigan last week sent a letter to the U.S. Department of Energy (DOE) in support of Holtec International’s application for a federal grant under the Civil Nuclear Credit (CNC) program to save the Palisades Nuclear Facility in Southwest Michigan. The federal grant could result in restarting the baseload, carbon-free, nuclear power plant.
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Industry News
OTC Energy Derivatives Bill Introduced
LCG, July 12, 2002--Republicans and Democrats in the U.S. Senate have joined forces to introduce an over-the-counter energy derivatives trading bill.Republicans Peter Fitzgerald, IL, and Richard Lugar, IN, and Democrats Dianne Feinstein, CA, Maria Cantwell, WA, and Tom Harkin, IA, introduced the bill yesterday in an effort to bring transparency to OTC energy derivatives trading.Under this legislation, electronic exchanges would have to submit to reporting, disclosure, registration, and capital requirements. Previously online energy trading was not subject to regulatory oversight, according to the Commodity Futures Modernization Act of 2000.Earlier this year Senator Feinstein had introduced a similar bill to increase transparency and provide oversight to OTC trades, but the bill was defeated. The new bill may see a better reception in the Senate, considering current federal trading investigations.
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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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PowerMax
Day-ahead and real-time portfolio revenue optimization
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Generator X
Generation and Transmission Planning and Optimization
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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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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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