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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
Regulators Cut Nevada Power's Rate Plan in Half
LCG, April 2, 2002-Nevada Power has been denied its attempt to pull itself out of the red as regulators prevent the utility from establishing its $922 million rate increase.The company had planned to recover $922 million by increasing rates, but Nevada Public Utility Commissioners were concerned that consumers would not be able to pay higher rates and also cited situations where Nevada Power could have avoided the debt it incurred.According to the Las Vegas Review, Commissioners said there was evidence showing that Nevada Power had not taken offers for cheaper electricity at 3 cents a kilowatt-hour from Merril Lynch in December 2000.Some officials fear that the Public Utilities Commission has still been too generous to the utility, and low and fixed-income customers might go without air-conditioning in the Nevada desert this summer.The utility insists it was concerned most about providing power to customers during a power crisis. Analysts say that the utility has little choice beyond filing for bankruptcy in recovering the money it borrowed to buy power and fuel last year. Nevada Power had received permission to raise rates in 2000 and in 2001, but this year the utility was allowed $437 million less than its requested $922 million rate increase.The utility has not yet said whether it will file for bankruptcy, a move that will allow it more flexibility in arranging contracts.
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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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