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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
Demise of Ontario Power Price Caps Possible
LCG, Oct. 30, 2003--Power price caps put in place by the outgoing Conservative government in the Canadian province of Ontario are responsible for a C$2 million ($1.5 million) daily outflow from the provincial government, according to the new Liberal Party premier Dalton McGuinty, who asked his energy minister to develop a retail pricing system "that better reflects the true cost of electricity" within thirty days.The fiscal situation of the province is by McGuinty's admission a primary reason that the price caps require close scrutiny. The new government projects that a deficit of C$5.6 billion ($4.26 billion) will be reached duriing the current fiscal year.Considerable political pressure resulted when deregulated power prices rose considerably, more than a year ago. Under the caps that were enacted to shield residents and small businesses, the difference between the caps and market prices has been shouldered by the province. Builders and developers of energy infrastructure said shortly after the caps were imposed that the uncertainty about their possible returns from new investments made it difficult to justify building.
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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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