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

Calpine to Supply 400 Megawatts to PG&E

LCG, Oct. 18, 200--Calpine Corp. and Pacific Gas & Electric Co. have signed a two-year agreement under which the independent power producer will furnish PG&E with 400 megawatts of firm capacity beginning next July 1.

Calpine said the power would be produced by its Northern California generating facilities, which could include its new 500 megawatt Sutter Energy Center and its Geysers geothermal complex purchased from PG&E.

The contract is possibly the first between an independent power producer and a regulated utility since state regulators dropped the misguided ban against bilateral power supply contracts between California's three investor-owned utilities and merchant power companies.

"Calpine's entering into this agreement with PG&E clearly demonstrates how new merchant plants and open competition can provide Californians relief from high energy prices," said Bill Ross, manager of market development. "Two of Calpine's new energy centers in northern California will be entering production just in time to help alleviate anticipated energy shortages next summer."

The value of the PG&E deal was not disclosed.

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