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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
California's Treasurer Wants to Buy Transmission Grid
LCG, Feb. 9, 2001Phil Angelides, state treasurer of California, proposed yesterday that the state acquire the electric power transmission lines belonging to the state's cash-strapped utilities as a way of helping the companies avoid bankruptcy."Everybody," as Jimmy Durante was fond of reminding us, "wants ta get inta da act.""I believe the only appropriate role for the state at this point is, after the utilities decide what theyare going to do to reorganize, is for us to be willing to buy the transmission assets," Angelides toldreporters yesterday.The treasurer's proposal came as the state legislature was considering a similar plan as one way to get money to the utilities without allowing a significant rate increase or being accused of allowing a taxpayer-funded "bailout" of the companies.Angelides said his plan would require the state's two largest utilities, Pacific Gas & Electric Co. and Southern California Edison Co., to drop lawsuits against the state seeking to recover money they have spent buying power on the volatile wholesale market that they were forced to sell at much lower rates to retail customers.He said one benefit of the state owning the transmission grid is it could issue tax exempt bonds for necessary improvements which could cost around $1 billion.It would be just like the state owning the highway system, which is more congested than the transmission system even though CalTrans, the state highway department has been in charge of it for decades. Commuters locked in traffic jams will not be reassured.
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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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