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News
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
Read more
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Industry News
Northern States Needs 1,500 Megawatts for Near Future
LCG, July 14, 2000--In a biennial forecast of power needs, Northern States Power Co. told the Minnesota Public Utilities Commission yesterday that it could need more than 1,500 megawatts of additional electric power capacity to keep pace with growing demand over the next few years.Northern States told the regulators that it will require between 500 megawatts and 700 megawatts of new power plant construction on top of 850 megawatts of new capacity the utility is currently negotiating for with three different suppliers.In its forecast, a filing required of all Minnesota utilities, the company recommended that the commission consider adopting a statewide energy plan to prevent it falling behind other states in the Upper Midwest, where Illinois, Michigan and Ohio have already adopted electric restructuring legislation.In its 15-year forecast, Northern States predicted that peak demand in its service territory will increase from about 7,900 megawatts to between 9,900 and 11,800 megawatts by 2015.In a related news release, the company said "There is considerable uncertainty about NSP's resource needs toward the end of the planning period, 2010 and beyond, primarily because the future of nuclear power in Minnesota is unclear," adding "Unless overcome, spent-fuel storage limitations will force the two-unit Prairie Island plant to shut down prematurely in 2007 and will prevent consideration of extending the operating life of the one-unit plant at Monticello."Northern States said it is also facing serious transmission constraints because its system has "very little excess capacity." The company said major improvements and additions will be required to accommodate new generation and increased demand.
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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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