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Bay State Wind Receives Federal Approval for Offshore Wind Farm

LCG, July 20, 2017--Bay State Wind, a joint venture between DONG Energy and Eversource, reported yesterday that the U.S. Department of the Interior's Bureau of Ocean Energy Management (BOEM) has approved its site assessment plan (SAP) for an offshore wind project proposed off the coast of Massachusetts near Martha's Vineyard. Bay State Wind states they are the first in the nation to receive federal approval of their site assessment plan.

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Dynegy Announces New Agreements to Sell Three Generating Assets

LCG, July 14, 2017--Dynegy Inc. (Dynegy) announced Tuesday that it has reached agreement to sell three of its generating plants for approximately $300 million.

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Press Release

CAISO Forecast Prices for 2017 are available now



LCG, September 20, 2016--LCG Consulting releases a full set of peak, off-peak prices and a congestion outlook for 2017 in California ISO (CAISO).

The state's energy market is navigating profound changes, from the disaster at Aliso Canyon to ambitious renewables standards and unprecedented growth in solar. Quality forecasts can give you the necessary edge to plug into opportunities in an increasingly complex market:

  • Futures and Congestion Revenue Rights (CRR)

  • Strategic Planning

  • Valuation and Risk Management

Our carefully vetted forecasts are projected using the high-level UPLAN Network Power Model and the most up-to-date information, from the highly detailed transmission upgrades to the most sophisticated models of gas prices, weather patterns, and more.

Also on offer through 2017: monthly CRR forecast updates, including point-to-point LMPs at DLAPs, Trading Hubs, and AP nodes, followed by online live presentations with Q&A.

If you are interested in LCG’s CAISO forecasts or information about how LCG can enhance your trades in any region, please contact us at julie.chien@energyonline.com or 650-962-9670x110.

Why do utilities, munis, hedge funds, developers and trading houses consistently choose LCG for their CAISO forecasts?

State-of-the-Art Algorithms. We don’t rely on assumptions and simplifications. Our network power models weigh all the details and comfortably outperform historical trends and regression for identifying risks and opportunities. We value all the millions of paths for all times of use. Our CRR forecasts have been well tested with a long history of success in California, as well as across the country. Even other consultancies use our CRR analytics to crunch their numbers.

The Latest Data. We leave no stone unturned. Our analysts continuously update our data models, digesting every scrap of available intelligence on the California market, from gigabytes of historical congestion to the best available information on transmission, generators, interfaces, contingencies, fuel forecasts, and loads.

More than Three Decades of Experience on Five Continents. We’ve been investigating what drives electricity prices in California since 1982. We simulate electricity markets using Security-Constrained Unit Commitment and Sub-Hourly Security-Constrained Economic Dispatch. We perform coordinated marginal cost-based energy and ancillary service procurement, congestion management, and thorough contingency analysis that mirrors those used by most U.S. market operators, including CAISO.

About LCG Consulting:
Silicon Valley-based LCG Consulting has been modeling electricity for more than 30 years. In that time, energy market participants and research institutions across the United States and internationally have relied on our models for every type of application, from electricity trading, plant siting, asset valuation, and testimony support.



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