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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
Davis' Push Against Power Contracts Likely to Be Slow Going
LCG, Feb. 26, 2002--After the California Public Utilities Commission filed a formal complaint with the Federal Energy Regulatory Commission yesterday concerning long-term power contracts California entered last year, observers said the federal agency's response would be slow at best.Gov. Davis had spoken with reporters about his optimism that FERC would overrule power suppliers, saying "they understand their job, which is to get in and fix marketplaces." The filing asserted that California is paying $14 billion to $21 billion more than it should because of temporarily high spot prices experienced during the height of the state's power crisis.A possible indicator of FERC's receptivity to the filing is that it has not scheduled hearings concerning related filings made by two Nevada utilities in December.Severin Borenstein of the University of California Energy Institute told the Sacramento Bee, "realistically, it's pretty unlikely that the state will win." Borenstein said that for generators, the idea that they might have to contest the complaint for two years could lead them to consider compromising with the state on the contracts.The FERC rarely receives filings such as California's, but ultimately, Borenstein said, the generators would not "just hand money back to the state. That's why it's called a contract." The 32 contracts cited in the filing total $43 billion over roughly the next ten years.
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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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