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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
No Power Refund Talks Until After Summer, Duke Says
LCG, Aug. 8, 2001--California power producers are presently focused on meeting expected heavy demand for electricity and thereby avoiding rolling blackouts, and have been diverted from the problem of refunds for alleged overcharges, an official of Duke Energy Corp. said yesterday.California Gov. Gray Davis has been adamant in his claim that the power producers -- in his view mostly Texas companies with close ties to President Bush and Vice President Dick Cheney -- owe the state $8.9 billion in refunds for charging up to $3,000 per megawatt-hour when the state was reeling from repeated rolling power blackouts.The top administrative law judge for the Federal Energy Regulatory Commission has said the figure is more like $1 billion, if that, and added that it is unlikely that California will see a dime of cash because the power producers haven't been paid for much of the electricity.While the dispute will be handled by FERC's commissioners, based on a report by Judge Curtis Wagner, who presided over two weeks of negotiations that failed to reach a settlement in early July, not much can be expected in the way of further negotiations until summer's peak demand period has passed, according to Jim Donnell, president and chief executive officer of Duke Energy North America, Duke's merchant energy subsidiary."We'd love to be engaged in active dialogue around reaching a real resolution of the problems, but it's not easy to get everybody engaged," Donnell said while attending the Rocky Mountain NaturalGas Strategy Conference sponsored by the Colorado Oil and Gas Association. "While I'd like to believe that settlement is on everybody's agenda. I don't know that to be the case," he added.
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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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