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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
Steel Producers Object to Proposed Unit Tax on Power
LCG, July 31, 2000--A plan under consideration by the Ohio Legislature to impose a per-kilowatt-hour tax on electricity sales came under fire Friday from the Ohio Steel Council, an organization made up of some of the largest U.S. steel producers, the steelworkers union and the Ohio Legislature itself.The plan is being reviewed by the legislatures Joint Legislative Committee on the Kilowatt-Hour Tax, composed of Ohio House and Senate members. The committee is to complete its report bySeptember 30. Electricity restructuring is scheduled by law to begin January 1 of next year.In restructuring the electric industry in its state, Ohio reduced personal property and gross receipts taxes paid by utilities, in order to relieve state electric companies of a competitive disadvantage they would suffer in comparison to out-of-state firms participating in the Ohio electric market.Those taxes had been passed along by utilities to their customers but now that the taxes themselves are being transferred to electricity users, the biggest customers want them based on dollar volume rather than kilowatt-hours. Thats because they pay a lot less per kilowatt-hour.The Steel Council said in a statement "Ohio steel producers have no objection to paying the same proportionate share of electricity tax that they have been paying for years. However, the proposed tax based on kilowatt hours consumed could result in a considerable tax increase, unfairly penalizing large industrial consumers, such as steel."
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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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