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News
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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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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
New York Power Authority Stops Pursuing the Great Lakes Offshore Wind Project
LCG, September 29, 2011--The New York Power Authority (NYPA) Board of Trustees voted to terminate the process without awarding a contract to develop the proposed Great Lakes Offshore Wind Project (GLOW). The evaluation the proposals indicated the project was technically feasible; however, the cost for the 120-MW to 500-MW project proposals would have been two to four times greater than land-based wind.
NYPA estimated that development of a 150-MW GLOW project would have resulted in an estimated annual subsidy ranging from $60 million to $100 million. The subsidy and the current economic conditions were the reasons for the Trustees' action.
"While deciding not to proceed with GLOW, the Power Authority will continue its commitment to developing and implementing wind and other clean alternative energy sources to produce emissions-free power for the benefit of New Yorkers today and for future generations," said Gil C. Quiniones, acting president and chief executive officer, NYPA. "The Power Authority's participation in the evaluation of the LI-NYC Offshore Wind Project and in the regional efforts of such organizations as the Great Lakes Commission and the Great Lakes Wind Collaborative shows NYPA's dedication to affordable and environmentally-sound development of future offshore wind projects in New York State waters."
NYPA, together with Con Edison of New York and the Long Island Power Authority, is continuing to evaluate the LI-NYC Offshore Wind Project in the Atlantic Ocean off the southern coast of Long Island.
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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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