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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
New England ISO's Market Design Approved by FERC
LCG, Sep. 30, 2002--ISO New England's market design proposal, reflecting elements similar to those in the market run by PJM Interconnection, the mid-Atlantic grid operator, was largely approved by the Federal Energy Regulatory Commission last week.The most important features of the proposal include "designated congestion areas," where known supply problems exist; a transition to locational marginal pricing within 18 months, in order to reflect the spatial variation in supply and demand; a system to auction financial transmission rights, by which owners of rights can earn revenue; and a demand management program to pay customers to reduce demand. The one area over which dissent was expressed was the level of installed capacity payments, which Commissioner Nora Brownell thought insufficient to draw long-term investment.Although ISO New England and the New York Independent System Operator have discussed a merger between their market operations, some New England states have resisted, fearing that power supply would flow to New York. FERC commented that although upcoming market rules it will finalize in 2004 could lead to necessary changes in market rules, the current proposal "benefits customers by accepting improvements to New England's markets, including a day-ahead and real-time market, locational marginal pricing, mechanisms to mitigate market power, demand response programs, and a capacity resource mechanism."
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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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