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.

Read more

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.

Read more

Industry News

Isabel Cuts Power to 5.5 Million

LCG, Sept. 19, 2003--Residents of North Carolina on Thursday sustained the first battering by Hurricane Isabel, which also caused disruption and harm in Virginia, West Virginia, Maryland, New Jersey, Pennsylvania, Delaware, Rhode Island and the nation's capital, with an estimated 5.5 million people losing power through Friday.

The 120-mile-long barrier island chain in North Carolina known as the Outer Banks lost power, as did 1.6 million people in Virginia. It was estimated that power would be restored in Dominion Virginia Power's service territory within a few days. President Bush ordered that federal aid monies be allotted to North Carolina and Virginia.

Winds of over 100 mph struck North Carolina Thursday, but gradually lost speed through Friday, when Isabel, downgraded to a tropical storm, was clocked at about 35 mph. A number of Mid-Atlantic states, which experienced a relatively wet summer, have sustained flooding and resultant water damage. The amount of rainfall varied, with West Virginia recording 5 inches of rain, and Delaware, one to two inches. In Maryland, flooding caused by rain and storm surges along the ocean was called the "No. 1 danger" by Gov. Robert Ehrlich. One-and-a-quarter million residents of the state were calculated to have lost power.

Today, it was reported today by Canadian Broadcast News that 30,000 customers of Hydro One, which distributes electricity to Ontario residents, had lost power due to failed distribution lines. The storm was still pounding the area this afternoon.
Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service