Federal Government uses UPLAN model to examine price volatility in ERCOT

LCG, October 11, 2022--The U.S. Energy Information Administration, or EIA, released its latest supplement to the Short-Term Energy Outlook (STEO) in the Texas market, assessing various possible scenarios using LCG’s UPLAN NPM model, with a special focus on the effects on wholesale power prices and market conditions.

Read more

Michigan Governor Supports Reopening Palisades Nuclear Facility

LCG, September 16, 2022--The Governor of Michigan last week sent a letter to the U.S. Department of Energy (DOE) in support of Holtec International’s application for a federal grant under the Civil Nuclear Credit (CNC) program to save the Palisades Nuclear Facility in Southwest Michigan. The federal grant could result in restarting the baseload, carbon-free, nuclear power plant.

Read more

Industry News

BrightSource Suspends Application for the 500-MW Hidden Hills Solar Project

LCG, April 8, 2013--BrightSource Energy Inc. notified the California Energy Commission (CEC) on April 3 that it will suspend the permit application for the Hidden Hills Solar Energy Generating System project.

The power purchase agreement (PPA) between BrightSource and Pacific Gas and Electric (PG&E) will also be terminated. BrightSource stated that the termination is due to challenges associated with the project schedule and uncertainty around the timing of transmission upgrades.

The Hidden Hills Solar Energy Generating System project site is located on 3,280 acres of private land in Inyo County, California and is approximately 45 miles west of Las Vegas, Nevada. The project was to be a 500-MW solar thermal complex using over 340,000 software-controlled mirrors to focus the sunlight on boilers that sit atop two 750 foot tall towers. The concentrated solar energy heats the water to create superheated steam that drives a standard turbine where electricity is generated.

The project was to include two solar fields and associated facilities: the northern solar plant (Solar Plant 1) and the southern solar plant (Solar Plant 2). Each solar plant would generate 270 MW gross (250 MW net), for a total net output of 500 MW. Construction was to have started in 2013, with power produced in 2015.

BrightSource stated that the contracts with PG&E did not originally include storage, and such a change would require an amendment to the permit application and reopening of the evidentiary record to account for impacts associated with a new project footprint, including a layout of the solar field, storage equipment and reconfiguration of the power blocks.
Copyright © 2023 LCG Consulting. All rights reserved. Terms and Copyright
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
Generator X
Generation and Transmission Planning and 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