ERCOT 2019 Summer Quarter Outlook

LCG, May 29, 2019-- LCG released a new summer (June – September 2019) report that looks at how the ERCOT grid copes with strained network conditions. Resource adequacy analysis for the region is especially important during extreme summer loading conditions. This summer the network is under particular scrutiny as the reserves have tightened because of recent retirements.

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South Field Energy Breaks Ground for 1,182-MW Power Plant

LCG, May 16, 2019--South Field Energy LLC announced yesterday its groundbreaking for an 1,182-MW, combined-cycle electric generating facility in Columbiana County, Ohio. The natural gas-fired facility is scheduled to commence operations in mid-2021 and represents a $1.3 billion investment.

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Press Release

ERCOT Nodal Market – Updated 2011 ERCOT Electricity Market Report

LCG, July 12, 2010 -- LCG Consulting will release by the end of August 2010 their 3rd quarter 2011 report on the Texas electricity market showing the potential impacts of operating in the proposed nodal market structure.

Using the proprietary UPLAN model and the most recent ERCOT (Electricity Reliability Council of Texas) protocol and data combined with well accepted methodology, LCG simulates hourly operations of the ERCOT electricity market. With this report power generation companies, traders, merchants, bankers, utilities and other market players can more accurately predict the opportunities and risks in the ERCOT electricity marketplace.

The report includes forecasts for LMPs (Locational Marginal Prices), A/S (Ancillary Services) prices, hub prices, zonal prices, and congestion costs (CRRs). The report can be customized to include additional details such as generator performance, hourly LMPs, transmission congestion, and other information of interest.

The 2011 ERCOT Market Report is based on assumptions of electricity demand forecast, generation capacity by fuel type and by zone, and transmission constraints. The results include hourly hub prices for West, North, South, Houston, ERCOT bus averages, and EROCT hub averages. It also includes hourly prices for the load zones.

UPLAN Network Power Model replicates the behavior of regional power markets and power systems to simulate the financial and physical operations of entire grids. It simulates the bidding process for the Energy and Ancillary Service markets and dispatches generators hourly, using region-specific protocols.

About LCG Consulting:
With more than 25 years of experience, LCG Consulting is a pioneer and market leader in modeling the competitive energy market. LCG Consulting offers a full range of consulting services and software products for energy producers, suppliers and traders seeking to optimize resources in a competitive energy market.

Julie Chien, Director
LCG Consulting

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Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service