Federal Government uses UPLAN model to examine price volatility in ERCOT

LCG, October 11, 2022--The U.S. Energy Information Administration, or EIA, released its latest supplement to the Short-Term Energy Outlook (STEO) in the Texas market, assessing various possible scenarios using LCG’s UPLAN NPM model, with a special focus on the effects on wholesale power prices and market conditions.

Read more

Michigan Governor Supports Reopening Palisades Nuclear Facility

LCG, September 16, 2022--The Governor of Michigan last week sent a letter to the U.S. Department of Energy (DOE) in support of Holtec International’s application for a federal grant under the Civil Nuclear Credit (CNC) program to save the Palisades Nuclear Facility in Southwest Michigan. The federal grant could result in restarting the baseload, carbon-free, nuclear power plant.

Read more

Industry News

PNM and FPL to Dedicate 204-MW Wind Farm in New Mexico

LCG, Sept. 23, 2003--While hardly a major population center, the town of House, N.M., is home to the New Mexico Wind Energy Center, scheduled for dedication one week from today by utility and power purchaser Public Service Co. of New Mexico (PNM), and owner-operator FPL Energy.

The 204-megawatt project consists of 136 turbines along 15 miles in eastern New Mexico. The size of the project means that it ranks as the third-largest wind generation facility, according to a press release. In addition to officials from PNM and FPL Energy, Gov. Bill Richardson, a former Secretary of Energy, will attend the Oct. 1 dedication ceremony.
Copyright © 2023 LCG Consulting. All rights reserved. Terms and Copyright
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
Generator X
Generation and Transmission Planning and Optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service