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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
India Tries Yet Another Power Reform
LCG, Aug. 15, 2001--A special committee of Indian government ministers has produced draft legislation aimed at nationalizing electric power tariffs, pushing reform of state electricity boards, providing direct access to captive power plants and freeing new generation from federal licensing, the Economic Times reported this morning.A meeting by the so-called Group of Ministers was attended by power minister Suresh Prabhu, finance minister Yashwant Sinha, Planning Commission deputy chairman K C Pant, law minister Arun Jaitley and minister of state for planning and program implementation Arun Shourie.The draft legislation could go to the Cabinet as early as tomorrow, the paper said. It would then be introduced during the monsoon session of India's parliament.The bill would replace existing reforms begun 10 years ago, which have not borne fruit. It would also replace the Indian Electricity Act of 1910, the Electricity (Supply) Act of 1948, and the Electricity Regulatory Commissions Act of 1998.This time around, India would "rationalize" the tariff policy by phasing out cross-subsidization and differential pricing for agricultural, industrial and other consumers.The measure would attempt to find a cure for India's biggest power sector, the corrupt, inefficient and insolvent state electricity boards. The bill would provide a legal framework for splitting the SEBs into separate generation, transmission and distribution units, but would not make the unbundling mandatory. Some foreign observers have said that not only unbundling, but full privatization of the SEBs is essential to successful power sector reform.New generation projects would be freed from clearance by India's Central Electricity Authority and would need only to gain approval from state electricity regulatory commissions. State commission would also have jurisdiction over transmission and distribution companies and would determine transmission tariffs.The Central Electricity Authority would be reduced to an advisory panel. It would continue its role as the main technical adviser of the government of India with responsibility for overall power planning.Metering would be made mandatory and all supply would need to be metered within two years while provisions relating to penalties for power theft would be stiffened in order to be sufficiently deterrent, unnamed sources said.
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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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