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LCG CONSULTING PREDICTS FUTURE VALUE OF EVERY PATH AVAILABLE IN THE 2024 CAISO CRR AUCTIONS

Los Altos, September 12, 2023 — LCG Consulting, a pioneer in energy market analysis and consulting services, is proud to announce its groundbreaking prediction of the value of every path to be traded in the upcoming 2024 Annual Congestion Revenue Rights (CRR) auctions at the California Independent System Operator (CAISO).

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EIA Releases A Case Study of Transmission Limits on Renewables Growth in Texas using UPLAN Model

LCG, July 13, 2023 – This paper explores the interplay between projected renewable energy additions onto the electricity grid in Texas operated by the Electric Reliability Council of Texas (ERCOT) and the region’s existing electrical transmission network.

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Industry News

Texas Poised to Invest $4.93 Billion in Transmission System Expansion for Wind Power

LCG, July 18, 2008--The Public Utility Commission (PUC) of Texas yesterday chose an electric transmission system expansion scenario that will enable the development of 18,456 MW of wind farms located in remote areas in West Texas and the Texas Panhandle. The PUC was directed by Senate Bill 20 to create a transmission plan that will increase transmission capacity to allow new wind power from remote areas to flow to load centers in Texas.

The Electric Reliability Council of Texas (ERCOT) on April 2 filed five alternative electric transmission expansion plans with the PUC, ranging from 12,053 MW to 24,419 MW of assumed new wind generation installed in the most productive wind zones in Texas. The estimated cost for the selected scenario is $4.93 billion, and the new transmission facilities are planned to be installed within four to five years.

Proponents of the expansion expect reduced emissions from power plants consuming fossil fuels and additional jobs in many areas. Opponents stated that the capital costs - which approach $5 billion - should be borne by the power generation developers that will benefit from the expansion, rather than borne just by consumers.
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