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EIA Publishes Study on High Renewables Growth Impact in WECC Markets using UPLAN

LCG, July 19, 2024 – A working paper published by the U.S. Energy Information Administration (EIA) utilized the UPLAN model to study the impact of high renewables growth in the Western Electric Coordinating Council (WECC) markets.

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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

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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Industry News

Market Manipulation Lawsuit Thrown Out

LCG, January 8, 2003--A U.S. District Court judge dismissed a lawsuit brought by Snohomish County Public Utility District against eight energy companies.

Judge Robert Whaley of the U.S. District Court of Southern California stated that the case brought forth by the Snohomish PUD should be handled by the Federal Energy Regulatory Commission because of the potential effects of a ruling in the case.

Snohomish PUD alleges that several companies intentionally worked together to manipulate the electricity market in order to inflate electricity prices. Those companies named in the suit are Reliant Resources, Inc., PG&E Energy Trading, Duke Energy Corp., Sempra, Mirant Corp., Powerex, Xcel Energy, Inc., and Williams Cos.

Judge Whaley decided that FERC should be responsible for the lawsuit because the issues involved are under the authority of FERC.

Snohomish PUD intends to appeal the decision with the Ninth Circuit. The utility district is also waiting on complaints that it filed with FERC.

Snohomish PUD is also participating in settlement talks with American Electric Power Company regarding an energy contract.

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