How to Make the Grid Secure

LCG March 1, 2021--February’s winter weather has brought a new level of uncertainty to the Texas grid, on top of rapid renewables growth and hot summer weather. Not only did the blackouts solidify the need to plan for extreme weather in winter and summer, but they also brought Texas residents, the governor, and the legislature into a public conversation about demand-supply planning.

Read more

Long Ridge Energy Announces Plans to Allow Transition to 100 Percent Hydrogen

LCG, March 4, 2021--Ohio's Long Ridge Energy Generation is retrofitting its 485-MW combined-cycle power plant to use a blend of natural gas and carbon-free hydrogen, making it the nation's first large gas turbine plant to transition operations to hydrogen fuel.

Read more

Industry News

El Paso Corp. Files Partial Settlement

LCG, June 5, 2003-Subsidiaries of natural gas pipeline company El Paso Corporation filed a structural settlement with the Federal Energy Regulatory Commission.

Several bodies from Western states have claimed that El Paso manipulated natural gas flow, resulting in high gas prices and contributing to the energy crisis of 2000/2001.

In March El Paso agreed to pay $1.7 billion worth of settlements regarding these claims, and the company said yesterday that settlements are in their final stages.

The settlements, filed by natural gas and merchant energy units El Paso Natural Gas Company, El Paso Merchant Energy Company, and El Paso Merchant Energy - Gas, L.P.,, were submitted to the FERC along with the California Public Utilities Commission, PG&E Utility, the city of Los Angeles, and Southern California Edison.

El Paso Corporation is the nation's largest pipeline company, with 58,000 miles of pipeline, in addition to drilling and energy assets.

Copyright © 2021 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...
Daily LMP Forecast for ERCOT
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service