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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
State May Broker Electricity to California Utilities
LCG, Jan. 15, 2001California Gov. Gray Davis said yesterday he will ask the state legislature to approve a plan under which the state would procure power from generators and resell it at attractive prices to the state's investor-owned utilities.The proposal could be introduced in the legislature tomorrow, official said. The plan is aimed at staving off bankruptcy for the state's two largest electric utilities, both of which say they no longer have sufficient cash to buy power for their customers and suppliers will no longer extend them credit.The idea of the state as broker came Saturday near the end of a seven-hour, coast-to-coast video and telephone conference in which participants in Washington, Sacramento and Los Angeles were hooked up.Near the end of the marathon teleconference, Davis was joined by leaders of the heavily Democratic California legislature in a news conference in which he said the state could enter into long-term contracts with power producers for electricity at a cost far lower than what the utilities have been paying. The state would then re-sell the power to the utilities at cost.While Davis sounded triumphant with his plan, others weren't so sure.Joe Bob Perkins, president and chief operating officer of Reliant Energy Wholesale Group which operated California power plants it acquired from the state's utilities, would only say "We're still digesting it."The governor said his plan was a "bipartisan" solution, but state Senate Republican leader Bill Campbell sounded less than convinced. "The answer is going to be in the numbers," he said.State Senate President Pro Tem John Burton, a San Francisco Democrat, said that the state was seeking to purchase power for 5 to 5 cents per kilowatt-hour, but power producers "didn't come in with that kind of offer."Instead, Reliant Energy Wholesale Group and the other power producers want 7 or 8 cents per kilowatt-hour, an amount probably reflecting the high cost of natural gas, the fuel of choice for California power plants.
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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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