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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
El Paso Corp Allowed to Question FERC's Subpoena
LCG, January 23, 2003-The El Paso Corporation, currently in court because of alleged energy market manipulation, has been allowed to question the Federal Energy Regulatory Commission's subpoena demanding the release of trading documents.FERC Administrative Law Judge Peter Young ordered that El Paso's arguments be heard next week Tuesday.Californian officials are still searching for the ultimate cause of California's inflated power prices of 2000 and 2001. A number of energy producers and traders have participated in suspect trading behavior and some have compensated the state or rewritten energy contracts with the state, but as yet California has not found any solution to its enormous budget deficit, of which much is attributed to the cost of electricity.El Paso received a subpoena for the release of natural gas price information initially provided to industry publications. California wants recordings of El Paso employee phone calls, but El Paso has said the calls referred to natural gas transport in other locations outside of California.El Paso has already stated that some of its employees yielded false data for publication but insisted that those people were no longer employees.California alleges that the state paid $3.3 billion too much for natural gas because El Paso limited natural gas supply, essential to fueling a significant number of the power plants in the region. El Paso is not responsible for the sale of gas but controls the flow of gas across the country and allots pipeline space to those who sell gas. California insists that the pipeline shipments were limited to 79 percent of pipeline capacity during the height of the crisis, from November 2000 through March 2001.California officials have 100 days to compile evidence regarding improper market behavior.
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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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