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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.
Read more
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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
EU Report Will Focus on Boosting Investment
LCG, Dec. 1, 2003--The European Commission is set to release a set of laws aimed at encouraging electric generation investment and a competitive power marketplace, according to draft documents obtained by Dow Jones Newswires.The final versions of the proposed laws will be released Wednesday, and will have arrived after a summer in which outages cut power to millions of European citizens. The proposals call for incentives or forms of guaranteed return to achieve necessary investment in transmission grid infrastructure, and in power plants to meet projected growth in power demand. The documents suggest that penalties could be invoked for failure to meet reliability standards, or for delays in implementing system upgrades.The proposals by the executive body of the European Union will only become law if governments vote in favor of them. Switzerland and Italy lost power this summer when connections between the countries shorted out. Denmark and the United Kingdom also experienced blackouts that affected their capital cities. According to deregulation plans that have already been moved up in time, businesses in the EU will have the ability to choose their power suppliers in July 2004.
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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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