EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

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

LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

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

Industry News

SDG;E Asks State to Release Customer Funds

LCG, July 17, 2000--San Diego Gas & Electric Co. on Friday filed a request with theCalifornia Public Utilities Commission to accelerate the return of $100 million in customer money from a CPUC-controlled transition cost balancing account, which the utility would pass on to its customers who have seen their electric costs double since May.

The utility said release of the funds would decrease August and September residential electric bills by $17 a month. This, combined with the checks most SDG&E customers will receive next month, would result in a total of about $500 million being returned to them in August and September which amounts to nearly $300 for the typical residential customer.

The company said that under Fridays proposal, all SDG&E customers would benefit from a bill reduction of about 3.5 cents per kilowatt-hour.

"We continue to be concerned about the impact high energy prices from the California PowerExchange are having on our customers and we are working to mitigate this impact as much aspossible," said Edwin A. Guiles, president of SDG&E. "Our customers need relief and we arehopeful the CPUC will act quickly to accelerate the return of this money to them."

SDG&E is also promoting a so-called "level-pay" program to all customers, which affords the opportunity to even out electricity payments over the year. Customers on the program will see bills this summer that are comparable to those they got last summer, the company said.

Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service