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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
PG&E Audit Says Utility Wasn't Paying Attention
A state-ordered audit of Pacific Gas & Electric Co. released yesterday evening confirmed that the utility had rolled up losses of $5.2 billion selling high-priced electricity at frozen low retail rates, but said the company failed to heed months of warning that trouble was coming.The independent audit, ordered by the California Public Utilities Commission, said the company failed to take steps that could have husbanded its cash against impending insolvency. The report noted, for example, that PG&E paid $632 million in dividends last year, even as its cash reserves were wasting away.The company could have taken other steps, in addition to cutting or eliminating its dividend, the audit said. "Deferment of reduction of employee or management compensation represents one of the most immediate ways to achieve savings," the report said.The auditors concluded that PG&E did not realize, until is was facing insolvency, that power producers would quit selling electricity on credit.
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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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