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News
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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.
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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.
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Industry News
FERC to Require Reporting When Reliability Standards Not Met
LCG, Dec. 17, 2003--The Federal Energy Regulatory Commission (FERC) intends to require that utilities report instances in which they fail to meet voluntary standards set by the North American Electric Reliability Council.The Chairman of FERC, Pat Wood III, said that as long as the scope of FERC's authority to enforce standards remains in doubt because of the stalled energy legislation in Congress, requiring reporting would be a first step before NERC's voluntary standards could become legally binding. The reporting requirement could become effective before summer, Wood told the agency.In addition to the reporting requirement, for which support has been expressed by other commissioners as an initial step in improving reliability, FERC might undertake audits of utility performance. The audits could be used to verify compliance by individual utilities.
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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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PowerMax
Day-ahead and real-time portfolio revenue optimization
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Generator X
Generation and Transmission Planning and Optimization
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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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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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