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News
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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.
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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
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Industry News
California Approves New Energy Storage Legislation
LCG, October 1, 2010--California Governor Arnold Schwarzenegger yesterday approved Assembly Bill 2514, which is designed to set targets for electric utilities to procure viable and cost-effective energy storage systems.
The new law requires the California Public Utilities Commission (CPUC) to initiate a proceeding to determine appropriate targets for each load-serving entity to procure energy storage systems by March 1, 2012, and to adopt such targets by October 1, 2013. Targets would be set for December 31, 2015 and December 31, 2020.
With respect to publicly owned electric utilities, the bill would require the governing board of a utility to open a proceeding to determine appropriate targets by March 1, 2012 and adopt targets by October 1, 2014. Designated targets would then be set for December 31, 2016 and December 31, 2021.
The California Legislature found that energy storage systems will help in integrating increased amounts of renewable energy resources into the electrical transmission and distribution grid in a manner that minimizes emissions of greenhouse gases (GHGs). Furthermore, the Legislature found that new energy storage systems could avoid or defer (i) the need for new fossil fuel-powered peaking facilities or (ii) distribution and transmission system upgrades and expansion of the grid.
An earlier version of the bill required the large, investor-owned utilities (IOUs) to have energy storage systems that could provide a minimum of 2.25 percent of average peak electrical demand by 2015, with the percentage rising to 5.0 in 2020.
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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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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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