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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 Told to Defend Legality of Reorg Plan
LCG, Dec. 5, 2001--U.S. Bankruptcy Judge Dennis Montali yesterday told Pacific Gas & Electric Co. that it would have to defend the legality of its reorganization plan at a January 25 hearing on the co-called "preemption issue" raised by state regulators.PG&E's plan to emerge from its Chapter 11 bankruptcy relies in large part on Montali's willingness to preempt state regulations that limit a utility's right to sell power plants and other assets. While the company has not suggested that it wants to sell its remaining power plants, it does want to transfer them into a non-regulated subsidiary of its parent holding company PG&E Corp.The California Public Utilities Commission had asked for a separate trial on the issue, but Montali rejected the request. Even so, Gary Cohen, general counsel for the CPUC, said "Overall, I'm pleased with what happened today." PG&E was also pleased. Oscar Cantu, a lawyer for the utility, said the judge's ruling had put the monkey on the CPU's back. "It's their burden to show there is no set of circumstances" under which the reorganization plan could be found legal by the court, he said.There are a number of laws with which the PG&E plan may be in conflict, most notably legislation passed just three months before the utility filed for Chapter 11 protection, that prohibits any transfer of a utility's generating assets until 2006.Lawyers for the CPUC have been hesitant to insist on enforcement of some of these laws lest they might compromise the state's sovereign immunity and trigger a federal review of the state laws.
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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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