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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
Heat Causes Record Demand; Few Outages in U.S. East
LCG, Aug. 8, 2001--Yesterday was the hottest day of the year along the Eastern Seaboard of the U.S. and with it, at last, came a few power outages, as utilities and independent system operators struggled to keep up with record demand for electricity.For the first time, the New York Independent System Operator declared a power emergency, putting into effect a program that calls on major users of power, such as large building managers and major businesses, to cut back on electricity usage.The program, which covers more than 300 million square feet of office space in the Big Apple, is planned to reduce power consumption by 160 megawatts. So far, it appears to have been enough, and utilities were not asked to shed load.NYISO spokesman Steve Sullivan said yesterday's peak demand in New York reached 30,400 megawatts, eclipsing the record of 30,290 megawatts set on July 6, 1999.Other parts of the East Coast were not as well provided for. In Camden, N.J., Public Service Electric & Gas Co. blamed the surge in demand for an afternoon outage that affected 5,000 customers in the downtown business district, North Camden and East Camden. The outage began about 4:30 p.m., and the utility had all but 600 to 700 customers back on line by 9:30 p.m., with service to the remainder expected by midnight.The outage was caused when a wire connected to a substation overheated and split, knocking outthe substation shortly before 4 p.m., PSE&G spokeswoman Leslie Cifelli said.The PJM Interconnection, the independent system operator that manages the transmission grid that covers Pennsylvania, New Jersey and Maryland, was also struggling to keep lights on for 22 million customers. "It appears that our region did set a new all-time peak of over 53,000 megawatts," said Beth Foley, a spokeswoman for PJM.In Philadelphia, Peco Energy Co. said demand yesterday registered at 7,608 megawatts, the highest of the year, but had not surpassed the record of 7,959 megawatts set in July of 1999.In the nation's capital, Potomac Electric Power Co. said that a handful of businesses were without power this morning. The outage was one of several in the District of Columbia that occurred at 10 last night and left about 1,600 customers without electricity for about an hour. Utility spokesman Bob Dobkin said blown fuses sparked small cable fires, which caused manholes to smoke but not dislodge their covers.Pepco, which has 700,000 customers in the District and Suburban Maryland, faces ongoing problems with underground cable fires, exploding manhole covers and power outages. The company has said it will spend $30 million to upgrade its downtown distribution system.
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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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