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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
California ISO Suggests Market Enforcement Strategies
LCG, July 23, 2002-The California Independent System Operator, a not-for-profit company responsible for reliability in California's electricity transmission, has been discussing means by which to enforce market rules.ISO documents released on Friday included unannounced testing of generators in order to ensure availability and insistence upon publishing market information.Surprise testing would apply to those generators who sign contracts for providing reserve energy. The ISO may rescind "capacity payments" if generators are found to be unavailable.The ISO also has recommended publishing schedules in order that market manipulation will be more difficult to hide and the ISO's under and over-scheduling problems might be limited.The ISO's recommendations await stakeholder comments and will be sent to the ISO board of governors on Thursday for discussion.The ISO will release an enforcement plan on August 12 and hold a stakeholder meeting regarding the plan on August 15. Ultimately the ISO hopes to have its recommendations sent to and approved by the Federal Energy Regulatory Commission by November 25, at which point the ISO will begin employing the new measures.
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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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