EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

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

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

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

Industry News

Rehearing by FERC Sought Over Transmission Fees

LCG, Aug. 27, 2003--A group of utilities that are members of the Midwest Independent Transmission System Operator Inc. have notified the Federal Energy Regulatory Commission that they woud like the agency to reconsider its planned cancellation of some transmission fees.

The fees, called "through and out" charges, had been seen as discouraging competition, and are currently set to end in November. In addition to separate communications sent by a dozen utilities that own transmission, the Pennsylvannia Public Utility Commission stated that FERC's imposition of a seams elimination cost adjustment, itself an artificial rate mechanism, was unfair.

The through and out fees that had been charged amounted to roughly $250 million per year, and the utilities are of the opinion that doing away with the fees will cause them undue economic harm. According to some, up to $50 million is at stake due to what would be "free service." The Pennsylvania regulators felt that in supporting a shift to the new rate mechanism last month, FERC failed to gain commitments from transmission-owning entities to become part of regional transmission organizations, which are meant to enlarge the marketplace for electricity by standardizing rules and tariffs.
Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service