EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

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

LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

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

Industry News

Timing of Mass. Electric Refunds in Dispute

LCG, Feb. 6, 2002--Massachusetts Electric and the state of Massachusetts' Department of Telecommunications and Energy are in disagreement over the terms under which the utility will provide 1.3 million customers with a refund resulting from outages last summer.

In October, Mass. Electric submitted documents that would have put off any refund until 2009, because of its high performance in 2000. According to Mass. Electric, the DTE had imposed rules concerning refunds owed for performance reasons retroactively. Its filing would reduce the amount of refunds due by $3.7 million for a "service quality" plan that was part of a merger between the utility and Eastern Edison.

The DTE has resisted the idea that the refund be affected by prior performance. Attorney General Thomas F. Reilly and the state Division of Energy Resources have said that the October filing, if approved, would provide an incentive to improve performance, however. Reilly has sought $22.5 million in immediate penalties from NStar Electric, which has said that the rules have been implemented retroactively back to 1999. The state's performance-based rates were put in place in the summer of 2001.A spokeswoman for Reilly, Sarah Nathan, said the NStar fine was based on "a clear difference in the performance levels of the two companies. The consumers that we've received complaints from a re all NStar customers."

Legal filings relating to Mass. Electric are expected to be completed by Feb. 18. Mass. Electric's senior vice president of distribution finance, Robert H. McLaren, foresees a DTE ruling on the matter within two months.
Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service