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News
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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.
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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
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Industry News
Federal Court Says SCE Plan Unlawful
LCG, September 24, 2002-Yesterday, a federal court found that an agreement between the CPUC and Southern California Edison (SCE) violated state law.The California Public Utilities Commission and SCE have been working together since the California energy crisis in order to prevent the utility from falling into bankruptcy. Last year the two came to a settlement, which was approved in October by a federal district judge. The utility was given permission to use $3.3 billion in overcollections to offset its debts.The U.S. Court of Appeals for the Ninth Circuit ruled on Monday that the agreement between the regulator and the utility was unlawful.The Utility Reform Group brought the settlement into question on behalf of consumers, and the case will be heard by the California Supreme Court some months from now. SCE has stated that its bankruptcy fears have been somewhat assuaged and reportedly has only $1.1 billion remaining to collect from ratepayers.California's utilities suffered financial difficulty during the energy crisis of 2000/2001 because of discrepancies between the price of wholesale power and the allowed retail price. While Northern Californian utility PG&E declared bankruptcy, Southern California Edison managed to avoid this measure and is currently solvent.
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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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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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