EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Connecticut Seeks 2,000 MW of Offshore Wind Capacity

LCG, August 22, 2019--The Connecticut Department of Energy and Environmental Protection (DEEP) on Friday released a request for proposals (RFP) for offshore wind power projects. DEEP is seeking up to 2,000 MW, as required under Public Act 19-71, An Act Concerning the Procurement of Energy Derived from Offshore Wind.

Read more

EIA Publishes Regional Electricity Supply and Pricing Forecasts Using UPLAN Model

LCG, August 13, 2019--The U.S. Energy Information Administration (EIA) announced that it is revising the presentation and modeling of its forecasts for electricity supply and market hub pricing to better reflect current electricity markets and system operations in the U.S. Beginning with the August 2019 Short-Term Energy Outlook (STEO), the new forecasting approach models electricity markets using the UPLAN production cost optimization software developed by LCG Consulting. EIA uses the solution results provided by this proprietary model to develop the STEO forecasts of monthly electricity generation, fuel consumption, and wholesale prices.

Read more

Industry News

CA Energy Bill Might Allow Direct Access to Continue

LCG, May 20, 2003--A bill that is circulating in the California state senate, and that would end many features of state deregulation, could also extend the ability of large enegy consumers to sign power-purchase conracts with suppliers, rather than being assigned to a utility.

Sen. Joe Dunn, D-Santa Ana, has been in favor of reversing deregulation. He said, "We have always been willing to discuss continuing some form of direct access. It must be done so that long-term planning is possible for utilities and there is no cost-shifting. Right now, small and residential customers are subsidizing large users on direct access."

Wholesale power trading could effectively be reduced by giving utilities the ability they previously had, to build power plants. SB 888, the bill being amended, would not allow market-based rates to be charged for such generation sources. Rather, long-term contracts would be the primary method of selling the plants' output.

Doug Heller, of the consumer group Foundation for Taxpayer and Consumer Rights, told Dow Jones Newswires that whoever was not able to participate in direct access would be hurt due to the major utilities having sold the plants that are less expensive to operate when they were forced to divest, but kept more expensive ones.
Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service